The BTC/USDT perpetual futures contract on Binance is currently trading at $106,813.90, reflecting a +1.19% gain over the last 24 hours. The price has ranged between a low of $104,115.20 and a high of $107,292.50, with a 24-hour trading volume of 226,017 BTC, equivalent to $23.91 billion USDT. The current momentum is supported by the 7-period MA at $106,476.80, which is trending above the 25-period MA at $105,678.50, and also above the 99-period MA at $104,261.70, indicating a short-term bullish trend. The RSI(6) is at 65.4, approaching the overbought zone, suggesting growing buying pressure. Performance-wise, BTC futures are up 1.55% today, 3.02% over the past 7 days, 26.30% in 30 days, 10.96% in 90 days, 9.92% over 180 days, and 56.70% over the past year, highlighting sustained bullish sentiment in the longer term.
