BTC/USDT Market Analysis
Trend Analysis
1. **Current Trend**:
The current price of Bitcoin is 64,770.98 USDT, down 0.24% in 24 hours.
2. **Support and Resistance**:
- Support: 61,697.12 USDT
- Resistance: 66,793.72 USDT
3. **Moving Average Analysis**:
- EMA(7): 65,814.66 USDT
- EMA(25): 67,094.12 USDT
- EMA(99): 64,364.58 USDT
The short-term moving average EMA(7) is lower than EMA(25) and EMA(99), indicating downward pressure in the short term.
4. **Trading Volume Analysis**:
The trading volume is relatively stable, and we need to pay attention to subsequent market trends.
Future Trend Forecast
1. **Short-term Fluctuation**:
If the price can break through the resistance level of 66,793.72 USDT, it may continue to rise.
2. **Callback risk**:
If the price falls below the support level of 61,697.12 USDT, it may fall further.
Summary
Bitcoin is currently in a period of shock adjustment. Investors are advised to pay close attention to the changes in key support and resistance levels to determine the trend direction.