Market Summary
- **Current price**: 96,357.81 USDT
- **Change over 24 hours**: +1.70%
- **Highest price in 24 hours**: 96,710.92 USDT
- **Lowest price in 24 hours**: 93,391.66 USDT
- **Trading volume in 24 hours**: 28,531.60 BTC
- **Net Capital Flow**: 589,303,243 USDT (Inflow: 4,528,845,196 USDT, Outflow: 3,939,541,953 USDT)
Support and resistance levels
- **Resistance Level**: 96,662.1 USDT
- **Support Level**: 95,098.1 USDT
Fear and Greed Index
- **Fear and Greed Index**: 44 (represents a state of fear)
Technical analysis
- **RSI**: At 53.29, showing a neutral position currently
**MACD Indicator**: The MACD line is above the signal line, which is an indication of an uptrend.
- **KDJ Indicator**: Reflects positive upward momentum
Conclusion
Bitcoin (BTC) price is indicating a slight uptrend supported by a significant increase in trading volume. However, resistance is seen at 96,662.1 USDT, while a strong support level is expected at 95,098.1 USDT. The market needs to be monitored continuously as the Fear and Greed Index indicates that investor sentiment is prevailing, which could impact the market’s future movements.
Recommendations
Support and resistance levels should be tracked regularly, along with momentum indicators such as RSI and MACD to assess potential trends.
