Bybit Launches BYUSDT, Enabling Easy Earn Assets to Serve as Trading Margin While Maintaining Yield (12 Dec)
Launch of BYUSDT: Bybit has introduced BYUSDT, a proprietary token for VIP users that allows them to convert USDT Flexible Easy Earn balances into trading margin while still earning yield, maintaining a 1-to-1 claim on their USDT.
Yield Mechanism: The yield for BYUSDT follows the same structure as USDT Flexible Easy Earn, with rewards accruing hourly and distributed daily in BYUSDT to users' Unified Trading Accounts.
Trading Competition: A BYUSDT Trading Competition with a prize pool of 700,000 USDT will commence on December 15, with specific eligibility criteria and rules governing the event.
Regulatory Disclaimer: BYUSDT may face availability restrictions in certain jurisdictions due to regulatory requirements, and users are advised to review full terms and conditions.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for
Technical Sentiment Analysis for () As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About the author






