Recently, the cryptocurrency market has once again shown an expansion of volatility. Bitcoin's price has fallen to the $89,000 level, facing a short-term correction, and along with this, the overall cryptocurrency market is also becoming more cautious.

There are many cryptocurrency exchanges, but it is not easy to find one that satisfies all aspects of scale, security, fees, functions, and trust. Today, I will introduce Binance, a global exchange that encompasses these elements.

Binance is evaluated as a well-balanced exchange, widely used from beginners starting futures trading to professional traders.

December 15 Bitcoin Chart Analysis

• Moving average line (MA7 · MA25 · MA99)

Currently, the price is above MA7, MA25, and MA99.

The arrangement structure is formed in the order of MA7 > MA25 > MA99.

After a short-term surge, the gap between MA7 and the price is narrowing, indicating a convergence period of the moving averages.

MA25 shows a gentle upward trend, while MA99 maintains a gentle incline.

• Bollinger Bands (BOLL 20, 2)

In the sharp rebound phase, after the upper band expands, the band width is now narrowing again.

The price moves between the center line (MB) and the upper band after breaking away from the upper band.

The lower band has shifted to an upward direction, and the overall band is in an upward channel shape.

• Trading volume (Volume)

A surge in trading volume has been confirmed in the $87,504 low point formation area.

In the high point formation area after the rebound, trading volume gradually decreases.

Recently, the candle periods are maintaining price levels under low trading volume conditions.

• RSI (6 · 12 · 24)

RSI6: around 54

RSI12: around 50

RSI24: around 51

All three RSIs are converging in the neutral zone (around 50).

Overbought/oversold signals are not clear on the chart.

• Price structure

Key low point: $87,504

Later, a rising structure is formed where both the highs and lows are increasing.

The short-term peak is confirmed around $89,972.

After forming a high point, a gentle consolidation phase continues without a sharp drop.

The price is maintained above the short-term upward trend line.

• Summary of the structure visible on the chart

The moving average line is in an arranged state.

The Bollinger Bands are in a contraction phase after expansion.

Trading volume increases in the bottom rebound period, then decreases

RSI is generally maintaining a neutral zone.

The price structure is consolidating while the highs and lows are increased after the rebound.

As shown in the chart analysis above, the fact that buying pressure has weakened and prices have fallen despite no clear negative factors highlights that investor sentiment remains unstable. Especially in a market structure with many leveraged positions, small price fluctuations lead to rapid liquidations and volatility, increasing the burden on investors.

In such an environment, how to respond in what trading environment is more important than simple price predictions. That’s why many people are looking for cryptocurrency exchanges.

How to register on the Binance exchange and information about a 20% fee discount

From now on, I will summarize everything from how to register for Binance membership to how to apply the 20% fee discount when using Bitcoin futures trading.

💬Go directly to receive a 20% discount on Binance exchange fees

You must register through the link provided above to receive fee discounts and additional event and reward benefits, so please refer to it.

On the registration screen, you can proceed in order according to the image guide.

On the presented screen, select the item that matches the guidance text, then proceed to the next step.

After setting the password, please check if the fee discount code is applied correctly.

After logging in, you must go through the identity verification (KYC) process. Enter your nationality and personal information, select the ID you hold, and follow the instructions to take a photo and submit it.

For KYC, it will be more convenient if you proceed via mobile.

This procedure is necessary to use normal trading functions on the Binance exchange and to apply for discounts on futures trading fees, so please follow along slowly.

Asset transfer and preparation stage for futures trading

Once identity verification is complete, you need to transfer assets for futures trading.

Select Overview from the Binance top wallet icon.

Deposit - Select Deposit Crypto

Select the coin and network you wish to deposit

Check the displayed deposit address or QR code

Then, in the domestic exchange, select USDT through the withdrawal menu, and once you paste the address, the asset transfer will be completed.

How to transfer funds between Binance wallets

Please click Assets → Transfer, then set From: Spot, To: USDⓈ-M Futures.

Once you complete the above process, the transfer of funds between wallets will be finished, and all preparations for futures trading will be complete.

In a volatile cryptocurrency market like recently, how to prepare the trading environment and cost structure becomes even more important. Just by applying for fee discounts during the registration phase, you can significantly reduce the burden of future transactions, so don't forget to take it into account.