BTC/USDT Futures Trading Analysis - 02 09 2025

Market Overview

As of September 02, 2025, the BTC/USDT futures market is showing moderate bullish momentum. The current spot price stands at $109,020.85, while the futures price is slightly lower at $108,948.50, indicating a minor backwardation. Over the past 24 hours, the price has increased by 0.81%, with an intraday high of $109,912.40 and a low of $107,255.00. This suggests a relatively stable market with potential for continued upward movement.

Technical Analysis

Moving Averages

The 50-day Moving Average (MA) is currently at $108,747.08, while the 50-day Exponential Moving Average (EMA) is at $108,828.30. Both indicators are trending slightly below the current price, signaling a potential support level. The proximity of the price to these averages suggests a balanced market with no immediate overbought or oversold conditions.

Relative Strength Index (RSI)

The 14-day Relative Strength Index (RSI) is at 54.81, which is in the neutral zone. This indicates that the market is neither overbought nor oversold, providing room for potential price movement in either direction.

MACD

The MACD (Moving Average Convergence Divergence) is at 47.24, showing a positive momentum. The MACD line is above the signal line, reinforcing the bullish sentiment in the short term.

Fibonacci Retracement Levels

Using the recent swing high of $109,912.40 and swing low of $107,255.00, the key Fibonacci retracement levels are as follows:

Fibonacci Retracement Levels

Level

Price

23.6%

$108,638.00

38.2%

$108,352.00

50.0%

$108,083.00

61.8%

$107,814.00

78.6%

$107,495.00 The price is currently hovering around the 38.2% retracement level, suggesting a potential support zone. Bollinger Bands The Bollinger Bands are showing a slight expansion, with the upper band at $110,200.00 and the lower band at $107,400.00. The price is trading near the middle band, indicating a balanced market with potential for breakout in either direction. Average True Range (ATR) The 14-day Average True Range (ATR) is at $1,850.00, indicating moderate volatility. This level of volatility suggests that price movements could be significant in the near term. Volume Weighted Average Price (VWAP) The Volume Weighted Average Price (VWAP) is at $108,750.00, which is slightly below the current price. This suggests that the market is in a slight bullish phase, as the price is above the VWAP. Elliott Wave Analysis The Elliott Wave Theory suggests that the market is currently in Wave 3 of a larger bullish cycle. This wave is typically the strongest and longest, indicating potential for further upward movement. Trading Strategy Position Given the current market conditions, a long position is recommended. The overall trend appears bullish, and the indicators suggest potential for further upward movement. Entry Point An ideal entry point would be around $108,800.00, which is near the 38.2% Fibonacci retracement level and the 50-day MA. Stop-Loss A stop-loss should be placed at $107,200.00, just below the recent swing low and the 78.6% Fibonacci retracement level. Take-Profit The take-profit target should be set at $111,000.00, which is near the upper Bollinger Band and a psychological resistance level. Position Size A position size of 2% of the total trading capital is recommended to manage risk effectively. Risk/Reward Ratio The risk/reward ratio for this trade is approximately 1:2, providing a favorable balance between potential profit and risk. Conclusion The BTC/USDT futures market on September 02, 2025, presents a favorable opportunity for a long position based on the technical indicators and market conditions. However, it is crucial to monitor the market closely and adjust the strategy as needed. Always remember to manage risk effectively and conduct thorough research before making any trading decisions. ⚠️ *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..