BTC

BTC is attempting a short-term rebound, but the broader structure remains bearish and the setup lacks strong confirmation. RSI at 59.39 is mildly bullish (not overbought/oversold), suggesting momentum is positive but not extreme. MACD is improving: the line (-42.3) is above the signal (-89.42) with a positive histogram (47.12), indicating bullish momentum building from a depressed level; however, price is still below key trend EMAs (EMA50 84609 and EMA200 87398), keeping the higher-timeframe bias bearish. Price is also slightly below EMA12/26 (83865/83907), showing near-term weakness after failing to hold above ~84.2k. Bollinger Bands are tight (2.64% bandwidth), implying compression and a likely volatility expansion; with low volume (0.2x average), direction is less reliable and breakouts are prone to whipsaws. Order book shows heavier ask size at the top, adding overhead resistance. Prefer to HOLD and wait for either a high-volume reclaim of 84.75k resistance or a breakdown below 82.55k support before acting. Ideal stop loss for a cautious long attempt would be below 82500; for shorts, above 84750.