BTC

BTC is attempting a short-term rebound, but the broader structure remains bearish. Price ($83,956) is pressing the upper Bollinger Band ($84,273) after a sharp impulse from the $81.8k low, which often precedes mean reversion rather than clean continuation when volume is weak. RSI at 63.76 is bullish-leaning but not overbought; however, it’s elevated enough to reduce entry edge for a fresh long. MACD is improving (histogram +357.61 with line above signal), suggesting upside momentum is recovering, yet both MACD line and signal remain negative, consistent with a counter-trend bounce. Trend confirmation is also lacking: price is below EMA50 ($84,835) and well below EMA200 ($87,684), keeping the intermediate/long-term bias bearish. Volume is notably low (0.34x of 20-period average), which weakens breakout probability above the upper band/near-term resistance. Ideal stop loss for a long attempt would be ~$82,950 (below BB middle and recent consolidation), but given mixed signals and poor volume, the higher-probability action is to wait.