$BTC
ChatGPT said:
Alright, I will explain what is shown in your trading image on the Binance platform today step by step:
Current Bitcoin price against the dollar (BTC/USDT):
The displayed price is $120,648, an increase of +1.77% compared to yesterday's price.
Price movement over 24 hours:
Today's highest price: $120,732.94
Today's lowest price: $118,285
Bitcoin trading volume (BTC): 17,137.72 BTC
Dollar trading volume (USDT): $2.05 billion
Price chart:
The yellow line represents the instantaneous price movement.
The gray line represents the MA60 moving average, which gives an idea of the general price trend over a specific period.
The chart shows some rapid price fluctuations, with the price attempting to rise after a slight decline.
Trading volume (VOL):
The columns below the chart represent the trading volume in each short time period.
Green = more buying than selling, red = more selling than buying.
Note that there is an increase in buying volume in the last columns, indicating the entry of new buying pressure.
Time indicators:
Today: 0.39% increase
7 days: 6.12% increase
30 days: 1.31% increase
90 days: 16.51%
180 days: 25.31%
Year: 98.59%
Buyer to seller ratio now (Order Book):
Buy: 86.59%
Sell: 13.41%
This indicates strong buying pressure, as most traders are buying today instead of selling.