The technical reading of the BTC/USDT market depth is balanced!
1. Current price and variation
– BTC is trading at US$ 104.674,61
– Up +0.24% in the last 24h
– High in 24h: US$ 104.878,05
– Low in 24h: US$ 103.068,55
2. Order distribution (Order Book)
– Slight imbalance between buyers (49.18%) and sellers (50.82%)
– The largest concentration of sell orders starts above US$ 104.700
– Strong presence of buy orders in the range of US$ 104.600 to US$ 104.674
3. Depth chart
– Buy curve (green) steeper, indicating buyers' interest, but with less accumulated volume than sellers
– Sell curve (red) more extensive, suggesting greater resistance to breaking the range of US$ 104.700 to US$ 104.800
– The equilibrium center (pivot point) is close to US$ 104.674, mutual pressure zone
4. Strength accumulated over time
– Today: +1.43%
– 7 days: -2.89% (negative weekly trend)
– 30 days: +10.34%
– 90 days: +22.03%
– 180 days: +7.21%
– 1 year: +52.72%
This history reinforces a long-term bullish bias, with recent correction.
5. Technical conclusion
– Market in momentary balance, but with slight selling pressure in the short term
– Zone between US$ 104.600 and US$ 104.700 is immediate support
– Psychological resistance at US$ 104.800
– Wait for a breakout with volume for clearer direction (scalpers may operate the range)