15-minute Trend MA5 is moving upward and has crossed MA10 and MA30; Bollinger Bands are opening; KDJ and RSI are moving upward;
Day Trend MA30 is moving downward and has crossed MA10; Bollinger Bands are narrowing; MACD runs above the zero axis;
Market Data The long-short ratio of BTC contract is 145:100, with the longs taking advantage; Fear & Greed Index is at 28, indicating extreme panic; Seven out of the top ten addresses have inflows and three of them have outflows;
Analysis There is an upward trend currently; Can buy long and take profit with 1,000-2,000 USDT; If the BTC price breaks 49,800 USDT, you can continue to hold the position for more profit; If there is not enough momentum for bulls, can sell short near 49,500 USDT.
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