Bull is there as long as the BTC price keeps above 57,000 USDT!
15-minute Trend
MA5 and MA10 are moving downward, but have not crossed MA30 yet;
Bollinger Bands are opening and moving downward;
KDJ and RSI are both flat;
Day Trend
Still maintaining a downward trend;
MA5 is getting flatter;
Bollinger Bands are opening and moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 91:100, and the shorts are temporarily dominant;
Six out of the top ten addresses have inflows and four of them have outflows;
Fear & Greed Index is at 32, indicating extreme panic;
Analysis
As long as the BTC price keeps above 57,000 USDT, there is confidence in the bull market;
57,000 USDT becomes a strong support in the short term;
But on the daily lines still maintain a downward trend;
Sell short at high prices should be the main strategy if the price has pullback;
You can sell short near 58,000 USDT, with the target price at around 56,700 USDT.
MA5 and MA10 are moving downward, but have not crossed MA30 yet;
Bollinger Bands are opening and moving downward;
KDJ and RSI are both flat;
Day Trend
Still maintaining a downward trend;
MA5 is getting flatter;
Bollinger Bands are opening and moving downward;
MACD runs below zero axis;
Market Data
The long/short ratio of BTC Futures is 91:100, and the shorts are temporarily dominant;
Six out of the top ten addresses have inflows and four of them have outflows;
Fear & Greed Index is at 32, indicating extreme panic;
Analysis
As long as the BTC price keeps above 57,000 USDT, there is confidence in the bull market;
57,000 USDT becomes a strong support in the short term;
But on the daily lines still maintain a downward trend;
Sell short at high prices should be the main strategy if the price has pullback;
You can sell short near 58,000 USDT, with the target price at around 56,700 USDT.
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