Price Position and Structural State
NFLXUSDT (NFLX) closed at 74.01 USDT on July 14, 2026, down 0.26%. The asset now sits in a sideways structure near the bottom of its 55-day range. Current 55-day support is near 70.84 USDT, with resistance near 84.4 USDT. A daily close below 70.84 USDT would confirm a downside regime shift. A hold near support would keep price inside the range.
Moving Averages and Trend Context
NFLX is trading below the available moving averages. MA9 at 74.62 USDT stands as the first resistance area to watch. Long-term moving-average history is still forming, so the most reliable reads come from current price structure and shorter-term moving-average resistance. Once MA100 and MA200 establish, the trend read will carry more historical context.
Trading Friction and Price Efficiency
NFLX shows high trading friction, with a 3-day friction score of 32.2. 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 sharply +12.23% in one day and moved above its 180-day range. This shows fresh leverage expansion, with new futures exposure now above the highest level from that range.
Funding is near neutral across the 24-hour and 7-day averages, at 0.000000% and 0.000000%. This shows limited cost pressure on either side, so funding is not giving a strong directional signal right now.
The long/short ratio is 2.88, sitting near the upper side of its 180-day range at 95.51%. This means long accounts are unusually dominant compared with recent history.
Correlation, Beta, and Index Relationship
NFLX shows a moderate relationship with the broader crypto market (Sigloid Index). Correlation indicates partial co-movement with the index, while R² suggests that index behavior explains only part of its movement. This means broader market direction has some influence, but asset-specific factors remain important.
| Window | Correlation | Beta | R² | Read |
|---|---|---|---|---|
| 30D | 0.478 | 0.419 | 0.228 | Moderate linkage |
| 60D | — | — | — | Not enough data |
| 180D | — | — | — | Not enough data |
Momentum, Volatility, and Indicator Pressure
NFLX remains in a low-volatility setup. ATR% reads 3.14, near the lower side of its full historical range, and Bollinger Band width% reads 10.19, below its full historical range. 20-day Volume Z-score is 0.99, so participation is not forcing a broader move yet.
ROC14 is +3.03%, while RSI is 41.24 and MACD histogram remains negative. Multi-day acceleration has improved, but the broader momentum picture is still incomplete.
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. NFLX has a moderate link to that market condition, so broader market moves can influence price behavior, but the effect is not consistent.
Key Levels for the Next State Change
For NFLX, the next structural shift depends on range boundaries. A daily close above 55-day resistance at unavailable establishes a bullish regime, while a daily close below 55-day support at unavailable confirms a bearish regime.