BTC

BTC is trading at $84,536.5, essentially on the Bollinger middle band ($84,610) and just above the 12 EMA ($84,411), but below the 26 EMA ($85,460), 50 EMA ($87,169), and well under the 200 EMA ($93,130). This confirms a medium‑term bearish structure with a short‑term attempt to stabilize. RSI at 42.9 is neutral‑bearish, not oversold, so there is no high‑conviction mean‑reversion buy signal. MACD remains negative but the histogram is positive, indicating bearish momentum is easing, yet not clearly reversed. Price has bounced from the intraday low zone around $82k–83k, but the 24h change of -2.26% and the defined bearish trend suggest rallies are still suspect. Crucially, current volume (0.14x the 20‑period average) is very low, so any move lacks strong confirmation and increases the risk of false breakouts. Volatility (ATR ~$1,861) is moderate, meaning downside risk to the lower band (~$81,700) remains meaningful. Risk/reward for a fresh long is not attractive until either a deeper, higher‑volume flush into support or a clear reclaim of the 26/50 EMAs occurs. Thus, maintaining current exposure but avoiding new entries is prudent.