The recent trading data for $BTC /USDT reveals a significant downward trend, with the price at $59,919.76, marking a 4.42% decline. Key technical indicators show that the 7-day moving average (MA) is at 61,518.92, the 25-day MA is at 61,991.75, and the 99-day MA stands at 62,985.76, all above the current price, indicating bearish momentum. Over the past 24 hours, BTC/USDT reached a high of 63,861.76 and a low of 59,600.00, with a trading volume of 24,986.87 BTC, equivalent to 1.54B USDT. The price has seen a decline of 3.89% today, 3.63% over the past 7 days, 11.51% in the last 30 days, and 9.24% over 90 days, though it has risen by 36.00% in 180 days and 92.01% in the past year. The Order Book shows a buy-sell ratio of 78% to 21%, reflecting a predominantly selling sentiment. Analyzing these trends, it is evident that BTC/USDT is experiencing a short-term bearish trend despite long-term bullish growth, suggesting caution for short-term traders but potential opportunities for long-term investors.#US_Inflation_Easing_Alert #MiCA #IntroToCopytrading #VanEck_SOL_ETFS #ETH_ETFs_Approval_Predictions