The BTC/USDT perpetual futures on Binance are currently trading at $109,620.90, reflecting a +2.68% increase over the past 24 hours. The 24-hour price range shows a low of $106,037.90 and a high of $110,830.00, with a 24-hour trading volume of 411,941.581 BTC, equivalent to $44.39 billion USDT. Technical indicators reflect strong bullish momentum, with the price positioned above the short-term moving averages: MA(7) at $108,127.8, MA(25) at $107,413.8, and MA(99) at $105,299.0. The RSI (Relative Strength Index) is at 70.9, indicating the market is approaching overbought territory. Volume has notably increased, signaling growing interest and potential continuation of the upward trend. Performance metrics show a 0.46% gain today, 6.10% over 7 days, 25.81% over 30 days, 12.43% over 90 days, 10.83% over 180 days, and 57.23% over the past year, underlining a strong and consistent bullish trend in the longer term.
