BTC

BTC is in a clear bearish structure: price ($77,715) is below EMA12/26/50 and far below EMA200, confirming a downtrend with overhead resistance stacked from ~$78.1k to ~$84.9k. Momentum is attempting to stabilize: RSI(14) at 35.18 is near oversold but not extreme, while MACD remains negative yet the histogram is positive (+41.51), suggesting bearish momentum is fading and a short-term bounce is possible. Price is also sitting just above the lower Bollinger Band ($77,466) with tight bandwidth (2.36%), often preceding expansion; however direction is uncertain. Recent candles show a sharp selloff with heavy volume at 14:00–15:00, then declining participation and now zero current volume, which weakens conviction for both a buy-the-dip reversal and a breakdown continuation. Given mixed signals (bear trend but improving momentum) and poor volume confirmation, the best action is to HOLD and wait for either a reclaim above ~$78.4k (BB mid/EMA cluster) or a decisive breakdown below ~$77.2k support. Ideal stop loss for a tactical long attempt would be ~$76,750; for shorts, invalidation would be above ~$79,350.