Image of BTC3S
BTC3SBitcoin 3x Daily Short
$0.02943
-1.53%
1D

Bitcoin 3x Daily Short Analysis

Investment Score
A quick view into Bitcoin 3x Daily Short's investment prospects.
3.5

The current setup is weak or too risky to treat as an attractive buy right now.

What is helping
  • MACD is confirming the current directional bias.
  • Price is holding above the volume-weighted average, which suggests the move still has volume-backed support.
Main risks
  • Price is too close to resistance relative to nearby support.
  • The higher-timeframe trend is still working against fresh longs.
Market State Summary
Current regime
Bear Quiet
Confidence: 95%
Why this state?
  • BTC3S is below SMA50
  • SMA50 is below SMA200
  • SMA50 slope is negative over the last 10 days
  • 30-day return is negative
  • ATR volatility is below the 60th percentile of its trailing 180-day history
Suggested strategy

In the current Bear Quiet regime, the best-fit approach is Stay defensive and wait for confirmation. The market is weak without panic-level volatility, which usually argues for staying defensive, avoiding aggressive entries, and waiting for clearer evidence of a reversal.

Trend
Bearish
BTC3S is trading below key moving averages and the medium-term trend is still weakening.
Momentum
Neutral
RSI is 46.89, which is neither overbought nor oversold.
Volatility
Quiet
BTC3S ATR volatility is below the 60th percentile of its trailing 180-day history.
Key Levels
Resistance zone
$0.03130 - $0.03704
Support zone
$0.02407 - $0.02676
Chart Patterns
SMA50
SMA100
SMA200
RSI
Neutral
MACD
Bullish
ATR%
Quiet
Volume
Average
Support & Resistance

Bitcoin 3x Daily Short support and resistance levels highlight key price zones where buyers and sellers are most active. This section helps identify likely breakout areas, pullback support, overhead resistance, and the current trading range so you can evaluate trend continuation, reversal risk, and near-term crypto price direction.

Support zone
$0.02407 - $0.02676
Resistance zone
$0.03130 - $0.03704
Active zone
--
Levels Table
LevelZoneStrength
Support 1$0.02407 - $0.02676
Resistance 1$0.03130 - $0.03704
Resistance 2$0.04067 - $0.04336
Resistance 3$0.04971 - $0.05240
Resistance 4$0.05607 - $0.05876
Scenario Analysis
Bullish scenario

BTC3S clears the resistance zone at $0.03130 - $0.03704 and holds above it. That would strengthen the breakout case and shift attention to $0.04067 - $0.04336.

Bearish scenario

BTC3S loses the support zone at $0.02407 - $0.02676. That would weaken the setup and open the way toward $0.02407 - $0.02676.

Neutral scenario

BTC3S continues trading between $0.02676 and $0.03130. In that case, range-trading conditions remain active.

Technical Indicators

Technical indicators help summarize trend, momentum, volatility, and key price levels. They should not be used in isolation, but they can help identify whether a coin is trending, ranging, overextended, or approaching an important support or resistance level.

IndicatorValueSignalInterpretation
SMA50
$0.03261
Bearish
BTC3S is trading below the 50-day average.
SMA200
$0.06514
Bearish
BTC3S remains below the long-term trend line.
EMA50
$0.03570
Bearish
BTC3S is trading below the 50-day exponential average, which weakens the recent trend.
EMA200
$0.06001
Bearish
BTC3S is below the 200-day exponential average, which keeps the longer-term structure under pressure.
RSI (14)
46.89
Neutral
RSI (14) is at 46.89, which keeps momentum in a balanced range.
Stoch RSI (14)
85.18
Overbought
Stoch RSI (14) is high at 85.18, which shows momentum is pressing near its recent upper extreme.
MACD
-0.0008164
Bullish
MACD is above its signal line.
ATR
6.91%
Quiet
Volatility is below its 180-day median.
VWMA
$0.02929
Bullish
Price is above the volume-weighted average.
Commodity Channel Index (20)
35.22
Neutral
CCI (20) is at 35.22, which keeps price relatively close to its recent average.
Awesome Oscillator (5, 34)
$0.0003397
Bullish
Awesome Oscillator is above zero at $0.0003397, which supports bullish momentum.
Williams Percent Range (14)
-38.90
Neutral
Williams Percent Range (14) is at -38.90, which keeps price in the middle of its recent range.
Bull Bear Power (13)
$-0.0003748
Bearish
Bull Bear Power (13) is negative at $-0.0003748, which suggests sellers are controlling price relative to the EMA baseline.
Ultimate Oscillator (7, 14, 28)
49.99
Neutral
Ultimate Oscillator is at 49.99, which suggests momentum is balanced across its short, medium, and long windows.
Hull Moving Average (9)
$0.03036
Bearish
BTC3S is trading below the Hull Moving Average (9), which weakens the near-term trend.
Ichimoku Cloud B/L (9, 26, 52, 26)
$0.02904
Bullish
BTC3S is trading above the Ichimoku base line, which supports bullish structure.
Assets Similar to Bitcoin 3x Daily Short

Over the past 7 days, Bitcoin 3x Daily Short price was most positively correlated with the price of TRON (TRX), LEO Token (LEO), Celestia (TIA), Monero (XMR) and Pyth Network (PYTH) and most negatively correlated with the price of Bitcoin (BTC), Solana (SOL), Raydium (RAY), Ethereum (ETH) and Binance Coin (BNB).

Positively Correlated Currencies
NameCorrelation
Image of TRONTRON0.441
Image of LEO TokenLEO Token0.406
Image of CelestiaCelestia0.187
Image of MoneroMonero0.067
Image of Pyth NetworkPyth Network0.061
Negatively Correlated Currencies
NameCorrelation
Image of BitcoinBitcoin-0.994
Image of SolanaSolana-0.910
Image of RaydiumRaydium-0.882
Image of EthereumEthereum-0.873
Image of Binance CoinBinance Coin-0.862

Bitcoin 3x Daily Short price is negatively correlated with the top 10 coins by market cap with a price of -0.496, excluding Tether (USDT) and negatively correlated with the top 100 coins by market cap excluding all stablecoins with a price of -0.536. Currencies that are positively correlated with Bitcoin 3x Daily Short indicate that the movement of one has a statistically significant weight to lead the other in the same direction. For currencies that are negatively correlated with Bitcoin 3x Daily Short, a move in one direction for Bitcoin 3x Daily Short would translate into a move in the opposite direction for the negatively correlated coin.

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