15-minute Trend MA5 is moving upward and has crossed MA10; MA30 is moving upward; Bollinger Bands are about to open; KDJ and RSI are flat;
Day Trend MA5 is moving upward and has crossed MA10; MA30 is moving downward; Bollinger Bands are narrowing; MACD runs above the zero axis;
Market Data The long-short ratio of BTC contract is 144:100, with the longs taking advantage; Fear & Greed Index is 45, indicating panic; Six out of the top ten addresses have inflows and four of them have outflows;
Analysis Better wait until a clearer trend emerges; Radicals can go short near 49,600 - 49,800 USDT; The target price is around 48500 - 48200, and stop loss around 50,500 USDT; If the BTC price breaks 50,500 USDT then very quickly the price might hit 51,500 USDT.