$BTC

1. Current price:

• Latest price: 97,014.4 USDT (-0.73%).

• 24h highest price: 101,998 USDT.

• 24h lowest price: 96,153 USDT.

2. Trading volume:

• 24h trading volume (BTC): 255,647.674 BTC.

• 24h trading volume (USDT): 25.20 billion USDT.

• Volume has increased in recent sell-off sessions, indicating that the sellers are in control.

Buying and selling strategy:

Buying strategy:

• Reasonable price range to buy:

• 95,500 - 96,500 USDT (near the lower edge of the Bollinger Bands, strong short-term support).

• Reason:

• RSI is in the oversold zone, signaling a potential recovery.

• Price is touching the short-term support zone of 95,500 - 96,000 USDT.

• Stop loss: 94,500 USDT.

• Take profit target: 99,000 - 101,000 USDT (nearest resistance zone).

Selling strategy:

• Reasonable price range to sell:

• 99,000 - 101,000 USDT.

• Reason:

• This is the nearest resistance zone (upper edge of the Bollinger Bands).

• Indicators like MACD are still in a downtrend, so any recovery will likely struggle to break through strong resistance.

BTC price prediction for the next 24 hours:

1. Bullish scenario:

• If BTC holds support at 96,000 USDT and RSI recovers from the oversold zone, the price could rise to the range of 99,000 - 101,000 USDT.

2. Bearish scenario:

• If selling pressure continues, BTC could break support at 96,000 USDT and drop to the range of 94,000 - 95,000 USDT.

3. Probability prediction:

• Bullish: 60% (due to RSI and Bollinger position support).

• Bearish: 40% (selling pressure remains strong, MACD is still weak).