$BTC BTC/USDT trading chart from Binance. Here's a brief analysis based on the image:
Key Details
Current Price: $105,329.71
24h Change: -1.98%
24h High/Low: $108,952.38 / $105,000.00
24h Volume:
BTC: 15,816.54
USDT: 1.69
Moving Averages (MA):
MA(7): 106,216.62
MA(25): 106,391.99
MA(99): 94,755.42
The current price is below all short-term moving averages (MA7 and MA25), which may suggest short-term bearish momentum. However, it's well above the long-term MA(99), which could indicate the longer-term trend remains positive.
Volume & Trends:
Volume seems moderate with a recent red candle suggesting selling pressure.
Recent low: $100,372.26
Recent high: $111,980.00
Price Momentum:
The daily (1D) chart shows consolidation and slight downward pressure after failing to sustain above $108K. A drop below $105K might test support around $103.6K–$100.3K.
Performance Summary:
Today: -2.25%
7 Days: -2.78%
30 Days: +2.13%
90 Days: +29.28%
180 Days: +0.66%
1 Year: +58.20%
Interpretation:
Short-term: Slight downtrend.
Medium to long-term: Still bullish, especially with a 1-year gain of over 58%.
If you’d like, I can also provide a technical summary or trading strategy based on this data. Let me know how you'd like to proceed!