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.
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