#BTC走势分析 **Core Price Indicators**
| **Project** | **Value** | **Meaning** |
|-----------------------|---------------|-----------------------------|
| **Latest Price** | 118,060.0 USDT | Current real-time trading price |
| **24-hour Highest Price** | 118,300.0 USDT | Daily volatility upper limit (only 240 USDT short) |
| **24-hour Lowest Price** | 117,114.2 USDT | Daily volatility lower limit (above latest price 946 USDT) |
| **Marked Price** | 118,059.9 USDT | Fair price for calculating unrealized profit and loss |
> **Short-term Trend**: Latest price slightly above marked price, 24-hour increase **+0.72%**, within a narrow fluctuation range (117,114 - 118,300).
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### **Trading Volume and Liquidity**
| **Indicator** | **Value** | **Signal** |
|-----------------------|-----------------|-----------------------------|
| **24h Trading Volume (BTC)** | 53,919.646 BTC | Active liquidity |
| **24h Trading Amount (USDT)** | 6.353 billion | Significant capital participation |
| **Current Trading Volume (Vol)** | 2,655.396 BTC | **Significantly reduced volume** (compared to 5/10 day average) |
> **Key Observation**: Volume contraction (5-day average 8,471 BTC → current 2,655 BTC), caution is needed for potential trend reversal.
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### **Technical Indicator Analysis**
1. **Moving Average System**
- **MA(21)**: 117,646.4 (short-term support)
- **MA(60)**: 118,109.6 (below current price)
→ **Price oscillating between short/long-term moving averages**, no clear direction formed.
2. **MACD Indicator**
- **DIF**=-67.1, **DEA**=-209.8, **MACD Bars**=142.7 (positive value)
→ Bearish momentum weakening, but still below the zero axis, **rebound strength questionable**.
3. **Support/Resistance Levels**
- **Key Support**: 116,076.6 (previous low)
- **Upper Resistance**: 120,835.2 (recent high)
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### **Market Sentiment and Capital**
| **Data** | **Value** | **Interpretation** |
|-------------------|-----------|-----------------------------|
| **Order Buy/Sell Ratio** | Buy 76.05% | **Short-term bullish sentiment dominates** |
| **Funding Rate** | Today 0.04% | Bulls slightly dominant (perpetual contract funding cost) |
> **Long vs Short Comparison**: Although buy volume is high, the funding rate is close to neutral, reflecting that bulls have not formed an overwhelming advantage.
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### **Cycle Price Change**
| **Cycle** | **Price Change** | **Market Status** |
|-----------|------------|---------------------|
| 7 days | +0.03% | Sideways fluctuation |
| 30 days | +10.07% | Mid-term rebound |
| 90 days | +25.79% | Significant upward trend |
| 1 year | +94.47% | Long-term bull market |
---
### **Operational Suggestions**
1. **Short-term**:
- If it holds above **117,646 (MA21)**, can take small long positions, target 118,300.
- If the volume breaks below **116,076**, stop loss and shift to bearish strategy.
2. **Medium-term**:
- Pay attention to the resistance breakthrough at 120,835; if stable, it opens up upward space.
3. **Risk Warning**:
- Volume contraction and oscillation may trigger sharp rises and falls, it is recommended to reduce leverage to avoid volatility risk.
> **Key Time Points**: European and American trading sessions (after 15:00 Beijing time) may amplify volatility.
---
**Summary**: Currently in **volume contraction phase**, intensifying tug-of-war between bulls and bears, short-term direction awaits breakthrough. It is recommended to operate in accordance with changes in volume (especially when breaking above 118,300 or dropping below 117,646).
