BTC/USDT Market Analysis

Current Situation

In the last 24 hours, BTC dropped from 118246 to 115371 USDT (-2.4%).

Key Observations:

* **Decline after the peak**: On August 13, BTC reached 120000 USDT and is currently correcting.

* **Increase in trading volumes**: The maximum volume was 17.9 million USDT between 9:00-10:00.

* **Support**: The zone of 115000-115500 USDT is important.

* **Interest in ETH**: On August 9, ETH/USDT volumes were three times higher than BTC/USDT.

Influencing Factors:

* The issuance of 250 million USDC on Ethereum is affecting the market.

* BNB updated its peak, reaching 867 USDT.

Forecast

BTC is consolidating after the peak. The correction is an opportunity to enter if the price is above 115000 USDT.