🚀 BTC/USDT – market situation
Currently, Bitcoin is trading around 113,120 USDT.
🔎 The price recently bounced off the support at ~108,600, but remains below the moving average MA(25) ~115,800, indicating weakness in the trend.
📉 During the decline, volumes were higher than during the rise → buyers are being cautious for now.
📈 At the same time, MA(99) ~111,700 is holding the price and acting as support.
📊 Personal opinion:
For short-term trading, one can try buying from the current levels, with a target growth of 115,500–116,500 USDT.
If you are thinking mid-term, it's better to wait for a consolidation above 116k.
Selling from these levels is risky — the market has already made a bounce from the bottom.
👉 My option: a careful long (buy) with a strict stop-loss below 110,000.
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