The BTC/USDT perpetual futures on Binance are trading at $108,749.90, reflecting a 0.75% gain for the day. The 24-hour price range spans from a low of $106,497.00 to a high of $109,285.10, with a total trading volume of 164,279 BTC, equivalent to approximately $17.68 billion USDT. The price is currently testing the short-term MA(7) at $107,893.10, MA(25) at $107,610.40, and is slightly below the longer-term MA(99) at $109,169.50. The RSI(6) is at 70.20, suggesting that the asset is approaching overbought territory. BTC has shown a 1.51% gain today and maintains a positive trend across longer timeframes with 2.80% over the past 7 days, 14.28% over 30 days, 15.20% over 90 days, 15.57% over 180 days, and an impressive 57.71% gain over the past year, indicating strong long-term bullish momentum in the perpetual futures market.
