BTC/USDT Futures Trading Analysis - 06 07 2025
BTC/USDT Futures Trading Analysis - 06 July 2025
1. Market Overview
As of July 06, 2025, the BTC/USDT futures market shows a slight bearish bias, with the futures price trading marginally below the spot price. Here are the key metrics:
- **Current Spot Price:** $108,034.75
- **Futures Price:** $107,978.60 (slight backwardation)
- **24-Hour Change:** -0.08%
- **Intraday High:** $108,287.48
- **Intraday Low:** $107,864.75
The market is consolidating after a recent pullback, with liquidity clustering around the $108,000 psychological level.
2. Technical Analysis
Key Indicators
| Indicator | Value | Interpretation |
|---|---|---|
| MA(50) | $108,204.19 | Resistance |
| EMA(50) | $108,232.01 | Resistance |
| RSI (14) | 39.66 | Neutral (slightly bearish) |
| MACD | -31.77 | Bearish momentum |
Additional Indicators
- **Fibonacci Retracement (from recent swing high to low):**
* 23.6%: $108,120 * 38.2%: $108,250 * 50%: $108,350 * 61.8%: $108,450
- **Bollinger Bands (20,2):**
* Upper Band: $108,512 * Lower Band: $107,688 * Price is near the mid-band, indicating consolidation.
- **Average True Range (ATR):** $1,200 (volatility remains moderate).
- **Volume-Weighted Average Price (VWAP):** $108,100 (acting as resistance).
Elliott Wave Analysis
The market appears to be in a corrective Wave 4 after an impulsive Wave 3 rally. A break below $107,500 could confirm a Wave 5 decline, while a move above $108,500 may invalidate the bearish structure.
3. Trading Strategy
Recommendation
Given the current technical setup, a **short position** is favored with the following parameters:
- **Entry Zone:** $108,000 - $108,200 (near MA/EMA resistance)
- **Stop-Loss:** $108,500 (above Fibonacci 61.8% level)
- **Take-Profit Targets:**
* TP1: $107,500 (immediate support) * TP2: $107,000 (lower Bollinger Band) * TP3: $106,500 (strong weekly support)
- **Position Size:** 1-2% of capital per trade
- **Risk/Reward Ratio:** 1:3 (favorable)
Alternative Scenario
If BTC breaks above $108,500 with strong volume, consider a **long position** targeting $109,200 (previous resistance).
Final Thoughts
The BTC/USDT futures market is in a consolidation phase with a slight bearish edge. Traders should monitor key levels ($108,500 resistance and $107,500 support) for confirmation of the next move.
⚠️ *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 |
| BitMEX | Crypto Trading Platform up to 100x leverage | BitMEX |
Join the community
Subscribe to our Telegram channel @strategybin. Sign up at the most profitable crypto exchange.