$BTC

The is shart for the BTC/USDT trading pair on the Binance platform, with a current market price of $101,930.85, reflecting a 2.52% decrease in the last 24 hours. The chart uses daily candles (1D timeframe), displaying recent bullish momentum followed by a slight pullback near the resistance level of $105,819.45, which marks the 24-hour high. The Bollinger Bands indicate increased volatility, with the upper band at approximately $104,726.29 and the lower band around $89,606.59, suggesting a wide trading range.

Moving Averages (MA) are also shown, with the 5-day MA at 24,792.19 and the 10-day MA at 19,473.94, showing strong upward momentum. The MACD (504.12) remains above the signal line (DEA: 3,490.53), indicating ongoing bullish pressure, although the histogram bars suggest a possible weakening trend. The trading volume is significant, with over 30,000 BTC exchanged, equivalent to $3.15 billion in USDT.

This chart suggests that BTC recently experienced a strong upward trend but is currently encountering resistance, which could lead to short-term consolidation or a potential correction if downward momentum continues. Traders should monitor volume and MACD signals for confirmation of the next move.