The market lacks momentum
15-minute Trend
MA5 is moving upward and has crossed MA30;
MA10is moving upward;
Bollinger Bands are narrowing;
KDJ and RSI are flat;
Day Trend
MA5 is moving upward and is about to cross MA30;
MA10 is moving upward;
Bollinger Bands are narrowing;
MACD runs above the zero axis;
Market Data
The long-short ratio of BTC contract is 71:100, with the shorts taking advantage;
Fear & Greed Index is 41, indicating panic;
Seven out of the top ten addresses have inflows and three of them have outflows;
Analysis
The market lacks momentum;
The support is around 48000 USDT;
If the BTC price doesn't break down;
Buy long long just around 48,600 USDT and the target price is around 50,500 USDT.
MA5 is moving upward and has crossed MA30;
MA10is moving upward;
Bollinger Bands are narrowing;
KDJ and RSI are flat;
Day Trend
MA5 is moving upward and is about to cross MA30;
MA10 is moving upward;
Bollinger Bands are narrowing;
MACD runs above the zero axis;
Market Data
The long-short ratio of BTC contract is 71:100, with the shorts taking advantage;
Fear & Greed Index is 41, indicating panic;
Seven out of the top ten addresses have inflows and three of them have outflows;
Analysis
The market lacks momentum;
The support is around 48000 USDT;
If the BTC price doesn't break down;
Buy long long just around 48,600 USDT and the target price is around 50,500 USDT.
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