BTC

BTC remains in a strong uptrend (price above EMA12/26/50/200 with bullish EMA stacking), and MACD is firmly positive with a rising histogram, confirming momentum. However, conditions are stretched: RSI at 81 signals overbought/late-stage impulse risk, and price is pressing above the Bollinger upper band (current $93,274 vs upper $93,206), a classic mean-reversion/take-profit zone. Bandwidth is relatively tight (2.85%), so a volatility expansion after this push often resolves with a pullback toward the mid-band/short EMAs. Recent candles show a sharp breakout to $93,434 followed by a small retrace/hesitation, while volume is only normal-to-slightly below average (0.89x), suggesting the breakout isn’t strongly volume-confirmed. The order book also shows heavier ask size at the top (8.36 vs 0.55), adding near-term overhead supply. Given asymmetric downside risk from overbought levels, the higher-conviction play is to take profit/close longs and look for re-entry on a pullback. Ideal stop loss for a short: $94,450 (above the recent swing high plus ~2 ATR).