BTC/USDT Futures Trading Analysis - 29 October 2025

Market Overview

As of 29 October 2025, the BTC/USDT futures market is exhibiting notable price action, with the current spot price at $112,596.67 and the futures price slightly lower at $112,547.60. The market has seen a 24-hour decline of -0.89%, with an intraday high of $116,086.00 and a low of $112,100.00. This price movement suggests a bearish sentiment in the short term, as the market struggles to maintain upward momentum.

Technical Analysis

Moving Averages

The 50-day Moving Average (MA) is currently at $114,414.61, while the 50-day Exponential Moving Average (EMA) is at $113,803.68. Both indicators are above the current price, signaling a bearish trend. The price is trading below these key levels, indicating potential downward pressure.

Relative Strength Index (RSI)

The RSI (14) is at 26.68, which is well below the oversold threshold of 30. This suggests that the market is oversold and could potentially see a short-term bounce or reversal. However, the low RSI also indicates strong bearish momentum.

Moving Average Convergence Divergence (MACD)

The MACD is at -532.48, further confirming the bearish sentiment. The MACD line is significantly below the signal line, indicating that the downtrend is strong and likely to continue in the near term.

Fibonacci Retracement Levels

Using the recent swing high of $116,086.00 and the swing low of $112,100.00, the key Fibonacci retracement levels are as follows:

Level

Price

23.6%

$113,532.00

38.2%

$114,093.00

50%

$114,593.00

61.8%

$115,093.00

The price is currently hovering around the 23.6% retracement level, which could act as a short-term resistance.

Bollinger Bands

The Bollinger Bands are widening, indicating increased volatility. The current price is near the lower band, suggesting that the market is oversold. A potential bounce could occur if the price moves towards the middle band.

Average True Range (ATR)

The ATR is at 1,200, indicating high volatility. This suggests that significant price movements are likely in the near term, providing opportunities for both long and short positions.

Volume Weighted Average Price (VWAP)

The VWAP is at $113,200.00, which is above the current price. This indicates that the market is trading at a discount, potentially attracting buyers.

Elliott Wave Analysis

The current price action suggests that we are in the third wave of a larger corrective pattern. This wave is typically the most extended and strongest, aligning with the current bearish momentum. A potential reversal could occur once this wave completes.

Trading Strategy

Position

Given the current market conditions, a short position is recommended. The bearish indicators and oversold conditions suggest that the price could continue to decline before any potential reversal.

Entry Point

An ideal entry point would be around the current price of $112,547.60, or slightly below, to capitalize on the downward momentum.

Stop-Loss

Set a stop-loss at $114,500.00, just above the 50-day EMA, to minimize potential losses if the market reverses.

Take-Profit

A take-profit level of $110,000.00 is suggested, aligning with the next significant support level.

Position Size

A position size of 2% of the total portfolio is recommended to manage risk effectively.

Risk/Reward Ratio

The risk/reward ratio for this trade is approximately 1:2.5, providing a favorable return relative to the risk taken.

Conclusion

The BTC/USDT futures market is currently in a bearish phase, with strong indicators supporting a short position. Traders should exercise caution and monitor key levels closely, as the market could see increased volatility. Always remember to conduct your own research and consider your risk tolerance before entering any trade.

⚠️ Disclaimer: This analysis is provided for informational purposes only and does not constitute financial advice. It is recommended to conduct your own research before making investment decisions. ⚠️

Recommended Crypto Futures Exchanges

Exchange	Futures Features	Sign-Up
Binance Futures	Up to 125x leverage, USDⓈ-M contracts	Register Now - CashBack 10% SPOT and Futures
Bybit Futures	Inverse perpetual contracts	Start Trading
BingX Futures	Copy-trading for futures	Join BingX
Bitget Futures	USDT-margined contracts	Open Account

Join the community

Subscribe to our Telegram channel @strategybin. The most favorable exchange rate for VISA to cryptocurrencies..