💰 BTC/USDT Market Overview

Date: June 4, 2025

Exchange: Binance

🔹 Current Price

$105,336.85 USDT

₹29,726,059.07 INR (approx.)

24h Change: -0.56% 🔻

Category: POW | Tag: Price Protection

📈 24-Hour Price Range

High: $106,428.58

Low: $104,179.00

This shows a relatively narrow consolidation range within the day, suggesting a moment of indecision or base-building.

🔄 Volume (24H)

BTC Volume: 14,621.41 BTC

USDT Volume: $1.54 Billion

This significant liquidity implies institutional activity and broad retail participation.

📉 Moving Averages

MA(60): 105,304.28

MA(5): 2.03780

MA(10): 3.73113

The price is just above MA(60), indicating support from long-term holders, though the tight range suggests a need for breakout confirmation.

📊 Volume and Candlestick Behavior

Noticeable red volume spike around 21:51 suggests strong sell-off or profit booking.

Subsequent green candles indicate a buy-the-dip sentiment but with smaller volume.

📈 Performance Overview

Timeframe Change (%)

Today: -0.64% 🔻

7 Days : -4.13% 🔻

30 Days : +10.43% 🟢

90 Days: +17.40% 🟢

180 Days: +5.16% 🟢

1 Year: +52.03% 🟢

Insight:

Short-term (1–7 days): Slight bearishness or cooling-off phase

Mid to Long-term: Clearly bullish with 52% gain YoY, indicating strong trend integrity

📌 Technical Takeaways

Immediate resistance: $106,400–$106,800

Support zone: $104,200–$105,000

Price remains range-bound, signaling potential accumulation or pause before a decisive move.

Traders may watch for volume surge or MACD crossover to confirm breakout direction.

📎 Conclusion

BTC/USDT shows mild short-term weakness, but long-term momentum remains strong, backed by high volume and consistent performance. A breakout above $106.5k could reignite bullish momentum, while holding $104k keeps the bull structure intact.

$BTC

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