15-minute Trend
MA10 and MA30 are both moving downward, but MA5 is moving upward;
Bollinger Bands are narrowing;
KDJ and RSI are both flat;
Day Trend
Continuing to maintain the downward trend;
Bollinger Bands are opening and moving downward;
MACD runs below the zero axis;
Market Data
The long/short ratio of BTC Futures is 88:100, and the shorts are dominant;
Five out of the top ten addresses have inflows and five of them have outflows;
Fear & Greed Index is at 28, indicating extreme panic;
Analysis
A clear trend may appear at any time;
The strong support is around 46,500 USDT; if the BTC price falls under this mark, then the bear market is coming;
The resistance is at 50,300 USDT;
The best immediate strategy would still be to sell short at high prices.
MA10 and MA30 are both moving downward, but MA5 is moving upward;
Bollinger Bands are narrowing;
KDJ and RSI are both flat;
Day Trend
Continuing to maintain the downward trend;
Bollinger Bands are opening and moving downward;
MACD runs below the zero axis;
Market Data
The long/short ratio of BTC Futures is 88:100, and the shorts are dominant;
Five out of the top ten addresses have inflows and five of them have outflows;
Fear & Greed Index is at 28, indicating extreme panic;
Analysis
A clear trend may appear at any time;
The strong support is around 46,500 USDT; if the BTC price falls under this mark, then the bear market is coming;
The resistance is at 50,300 USDT;
The best immediate strategy would still be to sell short at high prices.