# Analysis of BTC-USDT Movement

## Current Situation.

Based on candlestick chart data, Bitcoin is trading around **113,604.2 USDT**, showing moderate volatility over the last 24 hours. The price has fluctuated in the range of 111,834.7 to 113,874.3 USDT.

## Key Observations.

- **Short-term Trend**: Over the last 8 hours, BTC has shown positive dynamics, rising from 112,184.4 to the current level

- **Trading Volume**: The highest activity was observed between 02:00 and 03:00, when the volume exceeded 126.5 million USDT

- **Consolidation**: In recent hours, volumes have decreased, indicating a period of consolidation

## Recent News.

- On July 29, Bitcoin surpassed the mark of **119,000 USDT**, showing an increase of approximately 1.38% from the day's low

- The issuance of TRC20-USDT reached a record 82.6 billion tokens, indicating growing interest in stablecoins on the TRON blockchain

## What This Means.

Despite the recent decline from the level of 119,000 USDT, Bitcoin is showing signs of stabilization above 113,000 USDT. The increase in the issuance of TRC20-USDT may indicate a rise in liquidity within the ecosystem, which could be potentially positive for the cryptocurrency market as a whole.