$BTC

A chart for the BTC/USDT pair from the Binance platform, with a set of technical indicators that illustrate the market condition. Here’s a quick technical analysis based on the displayed information:

General Trend:

The current trend is clearly bullish since the low at 74,508.00 USDT.

Current Price: 96,460.01 USDT.

Highest Price in 24 Hours: 97,895.68.

Lowest Price in 24 Hours: 96,300.02.

Support and Resistance Levels:

Current resistance at 97,895 (highest price in 24 hours).

Potential support at EMA7 (95,342) then EMA25 (90,868).

Conclusion:

The current trend is strongly bullish.

However, the RSI indicates overbought conditions, suggesting the possibility of a correction or consolidation before the uptrend continues.

It is better to wait for a strong break of the resistance at 97,895 or to wait for a correction to buy from a closer support.