$ETH BTC/USDT Market Snapshot – May 10, 2025
Bitcoin (BTC) is currently trading at $102,900 on the USDT pair, showing a modest +0.29% increase over the last 24 hours. The price has ranged between a 24h high of $104,361.30 and a low of $102,315.14, with trading volume reaching 27,396.75 BTC and over $2.82B USDT.
On the 15-minute chart, BTC remains volatile, with quick swings around the MA(60) line (currently at $102,981.21). The short-term MA(5) and MA(10) are at 5.41735 and 5.96998, indicating a tight consolidation range.
Volume spikes have coincided with sharp price movements, suggesting active participation from short-term traders. While BTC briefly dipped below $103k, it is currently testing nearby resistance levels.
Outlook: Keep an eye on the $103k and $104.3k resistance levels. A breakout above could open doors for a higher push, while a fall below the $102.3k support might trigger further selling.