The BTC/USDT perpetual futures on Binance are trading at $104,724.8, reflecting a slight daily decline of -0.54%. In the past 24 hours, the price reached a high of $105,967.2 and a low of $104,111.7, suggesting a relatively narrow trading range with minor bearish momentum. The price is currently hovering near the 7-day moving average (MA7) of $104,807.8, but remains below the 25-day and 99-day MAs at $105,169.0 and $105,004.7, respectively, signaling short-term weakness. The Relative Strength Index (RSI) stands at 39.7, indicating neutral to mildly bearish momentum. Trading volume is solid, with 119,067 BTC exchanged, equivalent to $12.52 billion USDT. From a performance perspective, BTC futures are down -0.66% today and -2.48% over the past 7 days, but show positive gains of +11.22% in 30 days, +17.30% over 90 days, and +5.72% in 180 days, with a strong +47.80% increase over the past year, reflecting underlying bullish strength in the longer term.