BTC/USDT Futures Analysis

- The small green hammer failed.

- It turned red, meaning buyers couldn’t take control.

- MA9 and MA21 are still above price = strong resistance.

- MA50 is also acting as a roof.

- Order book was 93% red,

BTCUSDT

Perp

68,360.3

-2.63%

massive selling pressure still dominates.