Price Position and Structural State
Binance ALL Composite Index (ALL) closed at 0.4736 USDT on July 16, 2026, down 1.39%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.4307 USDT, with resistance near 0.5809 USDT. A daily close below 0.4307 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
ALL is trading below all key moving averages, but the weakness is still early rather than deeply stretched. MA9 at 0.477833 USDT stands as the first moving-average resistance area to reclaim. Price sits 3.84% below MA50, within a historical range of -29.09% to 24.18%. The structure is bearish, but downside extension remains inside its normal range.
Trading Friction and Price Efficiency
ALL shows moderate trading friction, with a 3-day friction score of 44.2. The score combines price progress, wick rejection, and volume confirmation. Recent candles show mixed acceptance, so price is moving but still showing some noise. Moves near support or resistance need a cleaner daily close before they carry stronger weight.
Open Interest, Funding, and Positioning
Open interest increased +12.75% in one day but remains near the lower side of its 180-day range. This shows participation is improving from a low leverage base.
Funding is positive on the 24-hour average at +0.005090%, while the 7-day average is -0.027006%. This shows fresh long-side cost pressure rather than a sustained build across the week.
The long/short ratio is 2.12, sitting near the lower side of its 180-day range at 10.19%. This means long accounts still dominate, but the long tilt is weaker than usual compared with recent history.
Correlation, Beta, and Index Relationship
ALL remains strongly linked to the broader crypto market (Sigloid Index), but its beta shows lower sensitivity. Correlation confirms that ALL tends to move with the index, while R² indicates that index behavior explains a meaningful share of its movement. Lower beta means price moves with less intensity than the index, not that the relationship is weak. Over the 30-day window, the relationship is stable. Over the 60-day window, the relationship is stable. Over the 180-day window, the relationship is stable.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.875 | 0.72 | 0.765 | Strong, lower beta |
| 60D | 0.84 | 0.813 | 0.706 | Strong linkage |
| 180D | 0.896 | 0.821 | 0.803 | Strong linkage |
Momentum, Volatility, and Indicator Pressure
ALL remains in a low-volatility setup. ATR% reads 3.57, close to the bottom of its full historical range, and Bollinger Band width% reads 9.71, close to the bottom of its full historical range. 20-day Volume Z-score is 0.34, so participation is not forcing a broader move yet.
Momentum is weaker. RSI is 43.98, ROC14 is -2.67%, and MACD histogram is negative. These readings point in the same direction: downside pressure is active, while recovery pressure remains limited.
The read is simple: volatility is compressed and momentum is not strong enough yet. A better signal would need range expansion with stronger volume.
Broader Market Regime
The Sigloid Index remains in a sideways regime, showing no clear broad market direction. ALL stays closely linked to that market condition, so changes in market sentiment can still influence price behavior even when the broader trend is unclear.
Key Levels for the Next State Change
For ALL, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.587 USDT establishes a bullish regime, while a daily close below 55-day support at 0.4307 USDT confirms a bearish regime.