๐ฐ BTC/USDT Market Overview
Date: June 4, 2025
Exchange: Binance
๐น Current Price
$105,336.85 USDT
โน29,726,059.07 INR (approx.)
24h Change: -0.56% ๐ป
Category: POW | Tag: Price Protection
๐ 24-Hour Price Range
High: $106,428.58
Low: $104,179.00
This shows a relatively narrow consolidation range within the day, suggesting a moment of indecision or base-building.
๐ Volume (24H)
BTC Volume: 14,621.41 BTC
USDT Volume: $1.54 Billion
This significant liquidity implies institutional activity and broad retail participation.
๐ Moving Averages
MA(60): 105,304.28
MA(5): 2.03780
MA(10): 3.73113
The price is just above MA(60), indicating support from long-term holders, though the tight range suggests a need for breakout confirmation.
๐ Volume and Candlestick Behavior
Noticeable red volume spike around 21:51 suggests strong sell-off or profit booking.
Subsequent green candles indicate a buy-the-dip sentiment but with smaller volume.
๐ Performance Overview
Timeframe Change (%)
Today: -0.64% ๐ป
7 Days : -4.13% ๐ป
30 Days : +10.43% ๐ข
90 Days: +17.40% ๐ข
180 Days: +5.16% ๐ข
1 Year: +52.03% ๐ข
Insight:
Short-term (1โ7 days): Slight bearishness or cooling-off phase
Mid to Long-term: Clearly bullish with 52% gain YoY, indicating strong trend integrity
๐ Technical Takeaways
Immediate resistance: $106,400โ$106,800
Support zone: $104,200โ$105,000
Price remains range-bound, signaling potential accumulation or pause before a decisive move.
Traders may watch for volume surge or MACD crossover to confirm breakout direction.
๐ Conclusion
BTC/USDT shows mild short-term weakness, but long-term momentum remains strong, backed by high volume and consistent performance. A breakout above $106.5k could reignite bullish momentum, while holding $104k keeps the bull structure intact.