** BTC ANYLSIS 1D CHART
BTC / USDT
**Black and below* =
trend lines
*Green* = support
*Red* = resistance
*Fundamental anylsis*
*Current support*=
60500 + 61200
*Current Resistance*
63000+64000
*Point of control*=
62700
*Liquidation*
Long = 140 m
Short = 73 m
*Long vs short*
Long= 49%
Short=51%
*Funding rate* = -0.0005
*Open interest*= -3.00
*Fear *and greed* = 49
*BTC ETF Inflow outflow* =
+233 m Inflow
*Technical analysis*
**INDICATOR*
*RSI* = 51
*MFI*= 52
*Vol* = 25966
*Moving averages*
*HMA7* = *negative*
*HMA14* = positive
*HMA21= positive
*HMA50=* *negative*
*HMA100=* positive
*Trend's*
*Daily* = neutral
*Weekly =* positive
*Monthly=* positive
Overall market condition
based daily time frame.
49% bullish
51%bearish
Signal 🚦 51% *negative*
Next support =see green line on chart .
Here’s a simplified version of the analysis in easy English:
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The market is uncertain right now, and short-term pressure is increasing. **Long** and **Short** positions are almost equal, but there is a slight edge to **Shorts**, which shows the market may go down. The **Funding rate** is negative, indicating **bearish pressure** in the market.
The **Fear and Greed Index** is at 49, which is neutral. This means that investors’ emotions are balanced. However, with **ETF inflows** of 233 million dollars, there is potential for a positive move in the market.
**Technical indicators** are giving mixed signals. Both **RSI** and **MFI** are in the neutral zone, meaning there is no big buying or selling happening. **HMA7** is negative, but **HMA14** and **HMA21** are positive, which could mean the market may recover in the short term.
The **Daily trend** is neutral, but the **Weekly** and **Monthly** trends are positive. This suggests that in the long term, the market could move up again.
Overall, there is short-term pressure, but long-term recovery looks likely. Whenever fear enters the market, **buyers** usually come in to push prices up, so we can expect a **correction** in the market soon.
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