$BTC

BTC Analysis – Today on Binance

The BTC/USDT price is trading at ≈$106,109, within a range of $103,929 – $106,524 over the past 24 hours, while the trading volume is around 9,892 Bitcoin (~ $1.04 billion).

In the technical analysis on the 4-hour timeframe, the MACD indicators are negative (MACD < signal, histogram negative), and the RSI is at ~64, indicating moderate momentum away from overbought areas. The Bollinger range shows the price below the middle of the channel (~ $109,300), reflecting potential corrective pressure before a possible reversal at the lower boundary (~ $105,682).

🎯 Professional Recommendations

– Wait for a clear breakout above $106,800–$107,000 to enter a bullish position towards $108–110K.

– Avoid entering unless after confirming RSI >50 and positive MACD.

– Set a stop loss at $104,200–$105,000 to protect capital.

🌟 Summary: The market is in a healthy corrective phase, near good support areas. Take advantage of discipline and prepare for a bullish breakout 🚀