BTC/USDT Futures Trading Analysis - 8 November 2025

BTC/USDT Futures Trading Analysis - 8 November 2025

1. Market Overview

As of 8 November 2025, the BTC/USDT futures market is exhibiting bullish momentum. The current spot price stands at $103216.13, while the futures price is slightly lower at $103167.10, indicating a minor backwardation. Over the past 24 hours, Bitcoin has gained +1.28%, reaching an intraday high of $104096.36 and dipping to a low of $99260.86. This volatility suggests active participation from traders and institutions, possibly driven by macroeconomic factors or market sentiment.

2. Technical Analysis

Here’s a detailed breakdown of the technical indicators and tools used for this analysis:

Moving Averages

- MA(50): $102210.13 - EMA(50): $102417.32

The price is currently trading above both the MA(50) and EMA(50), signaling a strong bullish trend. These moving averages act as dynamic support levels in case of a pullback.

Relative Strength Index (RSI)

- RSI (14): 80.19

The RSI is in the overbought territory, indicating that Bitcoin may be due for a short-term correction or consolidation. Traders should exercise caution and look for confirmation signals before entering new positions.

MACD

- MACD: 414.23

The MACD remains in positive territory, reinforcing the bullish momentum. However, traders should monitor for potential divergences that could signal a trend reversal.

Fibonacci Retracement Levels

Using the recent swing low of $99260.86 and the high of $104096.36, the key Fibonacci levels are:

Level	Price
23.6%	$101864.55
38.2%	$101234.12
50%	$100678.61
61.8%	$100123.10

These levels can serve as potential support zones during retracements.

Bollinger Bands

The price is hovering near the upper Bollinger Bands, suggesting overbought conditions. A move back toward the middle band ($101500.00) could indicate a cooling-off period.

Average True Range (ATR)

- ATR: $3200.45

The high ATR value confirms heightened volatility, which could present both opportunities and risks for traders.

Volume Weighted Average Price (VWAP)

- VWAP: $102800.00

The price is trading above the VWAP, indicating bullish intraday sentiment.

Elliott Wave Analysis

The current price action suggests we are in Wave 3 of an Elliott Wave impulse pattern. This wave is typically the strongest and longest, aligning with the current bullish momentum. Traders should watch for a potential Wave 4 correction in the near future.

3. Trading Strategy

Based on the analysis, here’s a recommended trading strategy:

Position

Long

Entry Point

Wait for a pullback to the 38.2% Fibonacci level ($101234.12) or the EMA(50) ($102417.32) for a better risk-reward entry.

Stop-Loss

Place the stop-loss below the 61.8% Fibonacci level ($100123.10) to account for volatility.

Take-Profit

Aim for the recent high ($104096.36) and extend to $105000.00 if momentum continues.

Position Size

Allocate no more than 5% of your portfolio to this trade, considering the high volatility.

Risk/Reward Ratio

The risk/reward ratio is approximately 1:3, making this a favorable setup.

Conclusion

The BTC/USDT futures market is currently in a strong bullish trend, supported by key technical indicators. However, overbought conditions and high volatility warrant cautious trading. Wait for optimal entry points and manage risk effectively to capitalize on potential upward movements.

⚠️ *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..