Target price is around 48,800-49,500 USDT

15-minute Trend
A small degree of price fluctuation;
MA5, MA10 and MA30 are all moving upward;
Bollinger band are narrowing;
KDJ and RSI are both flat;

Day Trend
The market is trying to form a bottom;
MA5 and MA10 are flat;
Bollinger bands are narrowing;
MACD runs above the zero axis;

Market Data
The long-short ratio of BTC contract is 131:100, with longs taking advantage;
Fear & Greed Index is 27, indicating panic;
Eight out of the top ten addresses have inflows and two of them have outflows;

Analysis
Trade cautiously, and you can buy long when the price falls to 47,000 USDT;
Target price is around 48,800-49,500 USDT.