BTC

BTC is in a corrective/downtrend structure on higher timeframes, with price below the 26, 50, and 200 EMAs, confirming a broader bearish bias. However, the current price (~$84,515) is trading essentially on top of the 12 EMA ($84,380) and near the Bollinger middle band ($84,713), suggesting short‑term equilibrium rather than a clean breakdown. RSI at 43.5 is neutral‑bearish but not oversold, so there is room for further downside without a strong mean‑reversion signal. The MACD remains negative but the histogram is positive, indicating bearish trend but with short‑term momentum improvement, consistent with a bounce within a downtrend rather than a fresh impulse up. ATR around $1,855 and a 7.15% Bollinger bandwidth show moderate volatility, so risk of whipsaws around this mid‑range level is elevated. Volume is normal (0.99x average), offering no strong confirmation of either buyers or sellers in control. Overall, the setup is mixed: not strong enough to justify new longs, but also not at a clear resistance or exhaustion point to warrant an aggressive sell. Maintaining current positioning and waiting for either a retest of lower support (~$81–82k) or a reclaim of $86–88k is prudent.