BTC

BTC is showing a short‑term oversold condition within a broadly neutral trend, offering a favorable mean‑reversion long setup with defined risk. The 14‑period RSI at 26.64 is firmly in oversold territory, indicating selling pressure is stretched relative to recent history. Price has moved from the mid‑92k area down to ~89.9k in less than 24 hours, trading below all key short/intermediate EMAs (12/26/50) clustered around 91.3–91.8k, which often precedes a relief bounce back toward these moving averages. The MACD is deeply negative, confirming bearish momentum, but the histogram is already very extended, suggesting downside momentum may be near exhaustion rather than just beginning. Price is also trading just under the lower Bollinger Band (lower band ~90,281 vs. price ~89,859), a classic short‑term bounce zone, with relatively normal volume (0.87x average), which points more to controlled selling than panic capitulation. ATR around $910 implies typical intraday swings of ~1%, so a bounce back toward the 12/26 EMA cluster offers a risk/reward comfortably better than 1:2 with tight downside levels below recent lows.