Daily, Weekly and Monthly Opens: The Levels Crypto Traders Watch

The daily open is the price at 00:00 UTC, the weekly open is the price at 00:00 UTC on Monday, and the monthly open is the price at 00:00 UTC on the first day of the month. They are the opening prices of the daily, weekly and monthly candles, so on a crypto chart each one is a single horizontal line. Traders use the weekly open and the other opens as reference levels: price above an open means the period is currently up, price below means it is currently down.

This guide defines each open precisely, shows how Binance anchors its candles, and plots all three on a dated BTCUSDT chart. It does not claim that any open is a reliable support or resistance. We have not measured that, and the examples below are descriptions of what happened, not signals.

What the daily, weekly and monthly open are

Each open is the open price of a higher-timeframe candle:

• Daily open: the first price of the day candle, at 00:00 UTC (03:00 MSK).
• Weekly open: the first price of the week candle, at 00:00 UTC on Monday (03:00 MSK).
• Monthly open: the first price of the month candle, at 00:00 UTC on the 1st (03:00 MSK).

A crypto market never closes, so there is no "official" open as there is on a stock exchange. The open is just wherever the chosen candle starts. That is why the anchor time matters: two charts with different anchors show different opens.

How Binance anchors its candles

Binance's klines endpoint returns candles in UTC by default. Its documentation states that if a timeZone is provided, the kline intervals are interpreted in that timezone instead of UTC (Binance Spot API docs, checked 13 Oct 2026). The supported intervals include 1d, 1w and 1M.

We checked the anchors against the data itself on 13 Oct 2026, using BTCUSDT spot candles:

• The 1d candle for 12 Oct opens at 00:00 UTC with an open of 83,773.12.
• The 1w candles open on Mondays: 28 Sep (84,472.01), 5 Oct (86,530.00) and 12 Oct (83,773.12), all at 00:00 UTC.
• The 1M candle for October opens on Thursday 1 Oct at 00:00 UTC with an open of 83,623.59. The September candle opened on 1 Sep at 78,581.30.

The 4h candles line up too: the 00:00 UTC 4h candle shares its open with the day. So a 4h chart is enough to read all three opens.

One practical point. Charting platforms let you change the chart timezone and the session start. If your chart is not set to UTC, the "daily open" on it may be a different candle. Check the setting before you compare levels with anyone else.

Weekly open in crypto: Monday 00:00 UTC

Traditional markets have a weekend gap, so the weekly open is easy to see: it is Sunday evening or Monday morning. Crypto trades through the weekend, and the week candle simply starts on Monday at 00:00 UTC. A Sunday night move therefore sits inside the old week, and the first Monday hours decide where the new week opens. For how weekend trading behaves, see the weekend crypto trading guide.

The weekly open is also the slowest of the three to change. It stays fixed for seven days, so it gives context across several daily moves. The monthly open stays fixed for 28 to 31 days.

The opens on a real BTC chart

The chart below shows BTCUSDT 4h candles from 1 Oct to 13 Oct 2026, from Binance spot klines fetched on 13 Oct 2026. The three lines are the opens at that moment:

• Monthly open: 83,623.59 (1 Oct, 00:00 UTC)
• Weekly open: 83,773.12 (Monday 12 Oct, 00:00 UTC)
• Daily open: 81,850.01 (13 Oct, 00:00 UTC)

The monthly and weekly opens sit only 150 points apart. The daily open is lower, because BTC closed 12 Oct at 81,850.00, below where it opened.

The steps match the numbers in the figure:

1. Wick under, close above. The 4h candle at 00:00 UTC on 7 Oct dipped to 83,577, just under the monthly open, and closed at 84,150.39, above it.
2. First 4h close back above. From the 12:00 UTC candle on 7 Oct, every 4h candle closed below the monthly open until the 12:00 UTC candle on 11 Oct, which closed at 83,908.89. That is about four days spent below the line on a closing basis.

This is a description. It shows that the monthly open was a line price stayed on one side of for days, and that a wick through it did not change the close. It does not show that the line will work the next time.

Daily open: one day against its line

The daily open resets every 24 hours, so it is the line traders use for intraday context. The next chart zooms into one day, Monday 12 Oct 2026, in 1h candles. On a Monday the daily and weekly opens are the same price, 83,773.12.

Price traded around the open for the first eight hours. The 08:00 UTC (11:00 MSK) candle opened at 83,991.52, closed at 83,506, and closed below the open. Of the 15 candles after it, the highest high was 83,643 at 09:00 UTC. Price never traded back up to 83,773 that day. The lowest point came at 23:00 UTC at 81,750.09, and the day closed at 81,850.00.

1. Close under the open. The 08:00 UTC candle closes at 83,506, under the daily and weekly open.
2. Stays below all day. No later candle trades back to the line.

A day like this is easy to describe afterwards and hard to use in advance. Price can also cross the daily open many times in one session. The line gives you a side (above or below), not a direction.

How traders use the opens

These are the common uses. None of them needs a statistical claim, and we make none:

• Bias filter. Price above the daily open is a day that is currently up. Some traders look for longs only above it and shorts only below it. This is a rule of thumb, not a tested edge.
• Reference for a retest. After price moves away, a return to the open is a place to check how it reacts. The reaction is the information, not the level.
• Confluence. The daily, weekly and monthly opens sometimes sit close together, as on 12 Oct above. When several references cluster, more traders have the same line on their chart.
• Context for a sweep. A move that takes the previous high or low and closes back on the other side of the open is easier to read than the same move in empty space. See the liquidity sweep guide.

Pair the opens with structure. Market structure tells you whether a break is a trend continuing or turning, and the opens tell you where in the period you are.

Common mistakes

• Using the wrong timezone. A chart anchored to a local timezone has a different daily open. Set it to UTC and use the same line as everyone else.
• Reading the wick as a break. The 7 Oct example shows a wick under the monthly open that closed above it. Wait for a close on the timeframe you trade.
• Treating an open as a guaranteed bounce. A level that price respected once may be ignored the next time. Without a count over many examples, you do not have an edge.
• Mixing exchanges. Different exchanges and perpetual contracts have slightly different prices, so the open differs by a few points. Compare lines from one data source.
• Skipping risk. An open is a place to define risk, not a reason to size up. Plan the stop and the target with the risk reward calculator.

Where to practice

Mark the three opens on the Bitcoin market page and on other coins. Write down the date and UTC time when price returns to an open and what the next few candles do. Note the session as well: the best time to trade crypto guide and the trading sessions tool show when volume is highest, and kill zones vs sessions explains the main windows. More posts in this series are in the Learn ICT hub.

FAQ

What time is the daily open in crypto? 00:00 UTC, which is 03:00 MSK. Binance candles are anchored to UTC unless a different timeZone is requested.

When is the weekly open in crypto? Monday at 00:00 UTC (03:00 MSK). Crypto trades all weekend, so there is no gap: the new week candle just starts there.

What is the monthly open? The open price of the monthly candle, at 00:00 UTC on the 1st of the month. For October 2026 on BTCUSDT it was 83,623.59.

Is the daily open the same as the ICT midnight open? Not necessarily. This guide uses 00:00 UTC, the way exchange candles are anchored. A chart set to another timezone shows a different daily open, so always check the chart's timezone.