📉 BTC/USDT Market Analysis – Short-Term Rebound or Bull Trap?
Current price: 109,160.96 USDT
24h Change: -1.81%
High/Low (24h): 111,980 / 107,316 USDT
The market is showing signs of a technical recovery after a steep drop. However, the price remains below key EMAs, suggesting caution.
🔍 Key Points:
• Price has bounced above EMA(7) but stays below EMA(25) and EMA(99).
• MACD histogram has flipped positive → selling pressure is weakening.
• Volume spike near 107,316 may indicate buyer interest, but follow-up volume is low.
• Long-term trend remains bullish (+55% YoY), but short-term momentum is still fragile.
📈 Strategy:
• Short-term traders: Watch for EMA(7) support confirmation. Consider entry with stop-loss under 107k, TP near 111k.
• Long-term holders: May consider this dip a DCA opportunity.
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