🔥 Futures Flip: Is BTC's Dip a Long Opportunity? 🔥
The recent BTC/USDT drop to $96,032 has ignited a futures showdown! We just saw the 4-hour MA(7) cross below the MA(25), a textbook short-term bearish signal. This is tempting short-traders to pile on below $100K.
However, the Order Book shows a massive 76.81% Bid volume (buyers) in the near-term. This strong foundation suggests conviction to LONG the dip and defend the current support zone.
Verdict: Aggressive traders might look for a short if $94,000 breaks. For the cautious, watching for a reclamation of the $98,000 zone is the signal for a high-probability LONG entry, targeting a push back to $107,000. Manage your leverage!
BTCUSDT
Perp
95,275.2
-0.95%
#FuturesTrading #BTCAnalysis #LongVsShort #CryptoTraders #Leverage
