Market in selective mode: what the flow shows in 4H

After the volatility of recent days, the crypto market enters a more tactical phase. $BTC continues without a clear direction and, in that context, the flow becomes more selective, especially in perpetual contracts.

The screener that accompanies this post seeks to identify controlled movements in a 4H timeframe, typical of consolidation scenarios or technical bounces within still fragile structures:

- Market: Perpetuals (Binance)

- Timeframe: 4H

- Change 4H: between 0.5% and 4%

- Price: below the SMA 200 (weak bottom structure)

- Price: oscillating between SMA 20 and SMA 50

- Volume: in relative expansion

The result does not point to “strong” assets, but to areas where the market continues to operate liquidity, even without a defined trend. This type of behavior tends to appear when capital reduces directional exposure and favors short and technical movements.

This is not an operational signal nor a trading recommendation. It is a reading of microstructure: when the market stops rewarding broad momentum, risk management and selectivity begin to stand out.

In this environment, rather than anticipating directions, it is advisable to observe where there continues to be interest and participation, and where the market simply turns off.