#BTC /USDT Market Analysis
Market Moves with BTC , so monitoring BTC .... may help
The Current Price Overview
- Last Price $103,750.50 (-1.01%)
- 24h Range: $103,005.33 (Low) - $104,984.57 (High)
- 24h Volume: 17,702.48 BTC $1.84B USDT
Technical Indicators
Exponential Moving Averages (EMA)
- EMA(7) 103,632.92 (Neutral, near current price)
- EMA(25) 101,728.74 (Bullish, price above)
- EMA(99) : 96,743.66(Strong long-term bullish trend)
MACD (Momentum Indicator)
- DIF1,609.70
- DEA1,765.52
- MACD Histogram -155.82 (Bearish divergence, potential short-term pullback)
Relative Strength Index (RSI)
- RSI(6) 57.13 (Neutral, no overbought/oversold signal)
Observations
1. Price Position: Trading near the lower end of the 24h range ($103,005 - $104,984).
2. Volume : High liquidity with $1.84B in 24h USDT volume.
3. EMA Trend: Short-term consolidation, but long-term trend remains bullish.
4. MACD: Negative histogram suggests weakening upward momentum.
Trading Recommendations
- Support: Watch **$103,000** (psychological level).
- Breakdown Target: If broken, next support at $101,700 (EMA 25)
- Resistance: $104,985** (24h high).
Long-Term Investors
- Strong Support: $96,700 (EMA 99) remains a key level.
- **Overall Trend**: Bullish as long as price stays above EMA(99).
Risk Warning ....
- MACD Bearish Signal: Potential short-term correction.
- Confirmation Needed: Wait for price action to confirm trend continuation or reversal.
Available Tools (Chart Interface)
- Indicators**: EMA, BOLL, SAR, VOL, MACD, RSI, KK
- Trading Options: Alerts, Margin, Grid Trading, Buy/Sell Buttons
Next Update: Monitor for a breakout above $104,985 or breakdown below $103,000 for directional confirmation.
please do your this is not a financial advise, for educational purposw only