The BTC/USDT perpetual futures on Binance are trading at $105,599.30, showing a marginal daily change of +0.03%. Over the last 24 hours, Bitcoin hit a high of $106,482.60 and a low of $104,927.40, indicating relatively tight price action in the current session. The price is slightly below the 7-period MA ($106,028.80) and the 25-period MA ($105,668.70), suggesting a potential short-term bearish crossover, while still remaining above the long-term 99-period MA ($104,591.30). The RSI(6) stands at 35.6, approaching the oversold zone, which could imply weakening momentum and potential for a rebound if buying interest returns. Trading volume in the past 24 hours reached 75,038 BTC, equivalent to $7.93 billion USDT, demonstrating strong market activity. On a longer horizon, BTC futures show consistent strength with a +33.70% gain over 90 days, +9.59% over 180 days, and a solid +52.10% rise over the past year, confirming a strong bullish trend in the broader futures market despite minor short-term pullbacks.

$BTC