BTC

BTC is showing classic signs of a short‑term blow‑off and overextension. Price is trading above the upper Bollinger Band ($91,442) at ~$91,893, indicating a statistically stretched move relative to recent volatility. The 14‑period RSI at 87.2 is deep into overbought territory, historically associated with either sharp pullbacks or at least cooling consolidations. MACD is extremely extended (huge positive histogram), confirming strong prior momentum but also suggesting trend exhaustion risk rather than a fresh entry point. Price has run ~8% in 24h and is now ~3–4k above the EMA cluster (12/26/50 around $88–89k), creating a sizable mean‑reversion gap. Volume is elevated but not capitulation‑level, supporting the idea of continuation potential but with poor asymmetry for new longs. ATR at ~$826 is moderate, so a normal 1–2x ATR pullback could easily take price back toward $89–90k without damaging the broader bullish trend. In this context, risk/reward favors taking profits or reducing long exposure rather than adding risk at these levels.