Shentu (CTK) Range-Bound Price Structure, Support and Resistance

CTK market structure, key levels, and derivatives interpreted from closed daily data, and explaining its behavior relative to the broader crypto market.

As of 2026-07-16 | Symbol CTK | Last closed price 0.1025
Last closed price
0.1025
Closed daily candle only, no live price.
365 day range
0.0985 to 0.5163
Based on the last 365 closed daily candles.
Key levels (55D)
0.0985 / 0.1698
Support is lower, resistance is upper.

Price Position and Structural State

Shentu (CTK) closed at 0.1025 USDT on July 16, 2026, down 0.29%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 0.0985 USDT, with resistance near 0.1698 USDT. A daily close below 0.0985 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.

Moving Averages and Trend Context

CTK is trading below all key moving averages. MA9 at 0.103733 USDT stands as the first moving-average resistance area to watch. Price sits 14.24% below MA50, within its historical distance range of -31.26% to 45.08%. The moving-average structure is bearish without showing extreme downside extension.

Trading Friction and Price Efficiency

CTK shows high trading friction, with a 3-day friction score of 20.6. The score combines price progress, wick rejection, and volume confirmation. Recent candles show contested movement, with weak price progress or heavier wick rejection. In this condition, moves near support or resistance carry less weight until price closes more cleanly.

Open Interest, Funding, and Positioning

Open interest increased +1.47% 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 near neutral across the 24-hour and 7-day averages, at -0.000483% and +0.003360%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.

The long/short ratio is 3.57, showing more long accounts than short accounts. It sits near the middle of its 60-day range, so this is a long tilt without clear historical crowding.

Correlation, Beta, and Index Relationship

CTK remains strongly linked to the broader crypto market (Sigloid Index), with beta showing normal sensitivity to index movements. Correlation confirms that CTK moves closely with the index, while R² shows that index behavior explains a significant share of its movement. This means broader market direction carries meaningful weight when interpreting CTK. 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.

Correlation, Beta, and R² by Window
Relationship metrics compare this asset with the Sigloid Index across closed daily data windows.
WindowCorrelationBetaRead
30D0.6780.8930.46Strong linkage
60D0.6830.8660.466Strong linkage
180D0.6260.6720.392Strong, lower beta

Momentum, Volatility, and Indicator Pressure

CTK has active volume inside a compressed structure. 20-day Volume Z-score is 2.21. ATR% reads 5.73, near the lower side of its full historical range, and Bollinger Band width% reads 13.08, near the lower side of its full historical range. Participation is present, but price has not started moving freely yet.

MACD histogram has turned positive, while RSI is 37.47 and ROC14 is -5.09%. Short-term impulse is trying to turn first, but broader momentum and acceleration still lag.

The read is early: some pressure is improving, but the asset remains compressed. A better signal would need range expansion and stronger volume.

Broader Market Regime

The Sigloid Index remains in a sideways regime, showing no clear broad market direction. CTK 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 CTK, the next structural shift depends on range boundaries. A daily close above 55-day resistance at 0.1699 USDT establishes a bullish regime, while a daily close below 55-day support at 0.0985 USDT confirms a bearish regime.

Shentu (CTK) Historical Chart and Market Context

Sigloid historical research chart

This chart gives a historical research view of the asset, including daily price, ATR%, Bollinger Band width%, distance from moving averages, historical open interest, funding, historical long/short ratio, and rolling correlation, beta, and R² versus market benchmarks.

Chart Description

The Shentu (CTK) chart includes historical daily price data, RSI, MACD, moving averages, distance from key moving averages, ATR%, Bollinger Band width%, volume, open interest, funding, and long/short positioning. It also adds structural and statistical context, including 55-day price range position and historical range positioning for ATR%, Bollinger Band width%, open interest, and long/short ratio across 30-day, 60-day, 90-day, 180-day, and full-history windows. In addition, it provides multi-timeframe rolling correlation, beta, and R² versus the Sigloid Index, Bitcoin, and Ethereum, helping evaluate trend structure, volatility conditions, derivatives positioning, and broader market relationships in a single research view.

Data notes

Data source: Binance futures market data. Indicators use closed daily candles only.

Disclaimer: Research context only. Not financial advice. No prediction. Crypto markets are risky.

Research FAQ

Frequently Asked Questions

Short answers based on closed daily structure, volatility, derivatives, and Bitcoin relationship data.

What is the current market structure for CTK?+

CTK is currently in a sideways structure based on closed daily data. Price remains inside the 55-day range, so Sigloid treats the structure as unresolved.

What are the key support and resistance levels for CTK?+

CTK's nearest support is 55-day support near 0.0985 USDT, while nearest resistance is 55-day resistance near 0.1699 USDT. These levels come from the lower side of the 55-day range and the upper side of the 55-day range.

What would change the current CTK structure?+

A daily close above 55-day resistance near 0.1699 USDT would support a bullish shift. A daily close below 55-day support near 0.0985 USDT would support a bearish shift.

What do momentum and volatility show for CTK?+

CTK's momentum is mixed. RSI reads 37.47, ROC14 is -5.09%, while ATR% and Bollinger Band width% show the current volatility backdrop.

What do open interest and long/short positioning show for CTK?+

Open interest and positioning show reduced leverage. OI changed +1.47% over one day, while the long/short ratio reads 3.57.

How correlated is CTK with Bitcoin?+

CTK currently shows strong linkage with Bitcoin on the 30-day window. Correlation is 0.64, beta is 1.06, and R² is 0.40.

Is Sigloid's CTK analysis based on live price?+

No. Sigloid's daily CTK analysis uses closed daily market data, not live intraday price. Live structure changes are tracked separately on the Live Events page.