BTC/USDT Futures Trading Analysis - 29 09 2025
BTC/USDT Futures Trading Analysis - 29 09 2025
1. Market Overview
As of September 29, 2025, the BTC/USDT futures market is showing strong bullish momentum. The current spot price stands at $111,766.06, while the futures price is slightly lower at $111,704.60, indicating minimal backwardation. The 24-hour change is +1.94%, reflecting a steady upward trend. The intraday high was $111,969.92, and the low was $109,189.99, suggesting a relatively tight trading range with consistent buying pressure.
2. Technical Analysis
Moving Averages
The 50-day Moving Average (MA) is at $109,638.75, and the 50-day Exponential Moving Average (EMA) is at $109,898.72. Both indicators are trending upwards, confirming the bullish sentiment in the market.
Relative Strength Index (RSI)
The RSI (14) is currently at 91.73, which is deep in the overbought territory. While this typically signals potential for a pullback, the strong momentum in BTC/USDT suggests that the overbought conditions could persist for a while longer.
Moving Average Convergence Divergence (MACD)
The MACD is at 403.79, with the MACD line well above the signal line, indicating strong bullish momentum. The histogram is also widening, reinforcing the upward trend.
Fibonacci Retracement Levels
Using the recent swing low of $109,189.99 and the high of $111,969.92, the key Fibonacci retracement levels are as follows:
| Level | Price |
|---|---|
| 23.6% | $110,987.21 |
| 38.2% | $110,482.45 |
| 50% | $110,079.96 |
| 61.8% | $109,677.47 |
These levels can serve as potential support zones if a pullback occurs.
Bollinger Bands
The price is currently trading near the upper Bollinger Band, which is typically a sign of overbought conditions. However, the bands are expanding, indicating increased volatility and potential for further upward movement.
Average True Range (ATR)
The ATR is at 1,245.32, reflecting heightened market volatility. Traders should be cautious and adjust their position sizes accordingly.
Volume-Weighted Average Price (VWAP)
The VWAP is at $110,432.15, which is below the current price. This suggests that buyers are in control, and the market is likely to continue its upward trajectory.
Elliott Wave Analysis
Based on Elliott Wave Theory, BTC/USDT appears to be in Wave 3 of a larger bullish impulse wave. Wave 3 is typically the strongest and longest wave, which aligns with the current price action. The next target for Wave 3 could be around $113,500.
3. Trading Strategy
Given the strong bullish momentum and supportive technical indicators, the recommended strategy is to take a long position.
Entry Point
An ideal entry point would be on a minor pullback to the 23.6% Fibonacci level at $110,987.21.
Stop-Loss
Set a stop-loss just below the 38.2% Fibonacci level at $110,382.45 to minimize potential losses.
Take-Profit
The take-profit target should be set at $113,500, based on Elliott Wave Analysis.
Position Size
Allocate no more than 2% of your total trading capital to this position to manage risk effectively.
Risk/Reward Ratio
The risk/reward ratio for this trade is approximately 1:2.5, offering a favorable balance between potential profit and loss.
⚠️ *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.* ⚠️
See Also
- Fibonacci Retracement
- Bollinger Bands
- Elliott Wave Theory
- Moving Average Convergence Divergence (MACD)
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..