BTC/USDT Market Update
Current Price: 94,300 USDT
Daily Change: ~0%
What's happening:
- EMAs show a strong bullish trend.
- RSI(6) at 82: the asset is in the overbought zone.
- Volumes are decreasing after the rise — the market is cooling off before a new move.
- According to fund flow data: the outflow of BTC from exchanges is increasing, which historically is a strong bullish signal.
Current picture:
- Major resistance — 95,700 USDT.
- Possible pullback: 88,270 – 89,400 USDT (buyer's interest zone).
- In case of a breakout above 95,700 — targets at 97,000–100,000 USDT.
Conclusion:
Bitcoin ($BTC ) will consolidate near the highs. Watch the level of 95,700. A breakout upwards will open the way to new highs!
So far, the market structure remains bullish.
