BTC/USDT

Current Price: $104,510.90

24h Change: -0.74%

24h High: $106,000

24h Low: $104,179

Buy Avg. Price: $104,668.68

Volume (24h):

BTC: 13,159

USDT: 1.38B

Technical Indicators (Performance):

Today: -0.41%

7 Days: -2.73%

30 Days: +10.34%

90 Days: +18.17%

1 Year: +47.84%

Analysis and Suggestions

Trend Overview:

The price is experiencing short-term selling pressure after a recent high near $106K.

There was a sharp drop to $104,407.99, followed by a modest rebound — showing potential buying interest at that support.

Bullish Signals:

Strong 30–90 day uptrend, suggesting broader market confidence.

The 1-year gain of +47.84% confirms long-term momentum remains bullish.

Bearish Indicators:

Price is below the Buy Average Price ($104,668), and selling volume has recently spiked.

Short-term momentum is weak, especially after the drop from the recent local high.

Suggestion:

Short-Term Traders: Be cautious. Look for consolidation above $104,400 or a confirmed break above $104,668 before entering.

Long-Term Holders: This dip could present a buy-the-dip opportunity, especially if $BTC

BTC holds above key support zones ($104K).

Consider using stop-loss near $104K and target zones above $106K for short-term trades.