Hello everyone,
I hope you are all well.
Currently, the market shows a consistent upward trend, with the price of $BTC at 107,708.91 USDT and a variation of +2.18% in the last 24 hours, indicating immediate resistance at 107,985.05 USDT.
The short-term exponential moving averages, such as the EMA(7) at 105,645.39 USDT and the EMA(25) at 100,718.12 USDT, act as dynamic supports, signaling robustness at the price level.
The long-term EMAs, creating solid bases, are positioned at 96,289.51 USDT (EMA50) and 88,869.71 USDT (EMA200), protecting the appreciation even during pullbacks.
The RSI indicators, with readings of 77.06 (RSI6), 73.95 (RSI12), and 67.65 (RSI24), demonstrate strong buying pressure without excessive overbought levels.
Moreover, the high volume, with 22,783.67 BTC and 2.42 billion USDT traded, and supports at 102,293.95 USDT and 94,929.00 USDT reinforce entry opportunities, intensified by positive news of records in Bitcoin ETF.
Be cautious at #altcoins , as there is a lot of volatility in both directions.
Note that the above liquidations have already been made, so the search for liquidations below is imminent, as the market moves in search of liquidity.
And remember, your most valuable token is your capital, so protect it.
A strong hug.
