BTC/USDT
1. Price fluctuation: The current price is 58,076.95 USDT, and the recent price fluctuates between 57,777 and 59,244, showing a certain volatility.
2. Moving average analysis:
- Short-term moving average (EMA 7): 59,565.50
- Medium-term moving average (EMA 25): 60,445.47
- Long-term moving average (EMA 99): 61,896.57
The short-term moving average is lower than the medium-term and long-term moving averages, indicating that there may be downward pressure in the short term.
Future trend forecast
Based on the trend analysis of moving averages:
- Short-term trend: The 10-day moving average (MA_10) is lower than the 25-day moving average (MA_25), indicating that there may be a downward trend in the short term.
- Long-term trend: If the 10-day moving average continues to cross the 25-day moving average, a new upward trend may form.
Trading strategy recommendations
Short-term strategy:
- If the 10-day moving average continues to be lower than the 25-day moving average, it is recommended to remain cautious and may consider short-term selling or waiting.
- Pay attention to whether the price breaks through key support levels (such as 56,282.39). If it breaks, it may fall further.
- If the 10-day moving average rebounds and crosses the 25-day moving average, it may be a buy signal, and you can consider gradually building a position.
- Set a stop loss to prevent unexpected losses.
- Adjust positions according to market fluctuations and avoid excessive leverage.
