#TrumpTariffs The 15-minute chart of BIFI/USDT shows a clear downtrend, with the current price at 184.2, a decrease of -11.44% over the course of 24 hours. The daily high was 214.4 and the low was 179.9, reflecting strong volatility.
The moving averages indicate strong selling pressure:
MA(7): 186.1 (closer to the current price)
MA(25): 190.4
MA(99): 196.2
The price is below all moving averages, indicating weak positive momentum. Trading volume is relatively high (1.72M USDT), which reinforces the possibility of a continued decline in the short term.
The recent candlesticks show a continuous decline without a rebound, indicating that sellers are in control. If the support level of 179.9 is broken, the price may continue its decline. Close monitoring or waiting for a reversal confirmation is recommended before buying.