Bitcoin shed 0.6% over the last 16 hours to 82999.6, giving back ground after attempting to reclaim the short-term mean. Price now sits below both the 20-period and 50-period averages, and at 64.8% of its twenty-day range it remains mid-channel, not pressuring extremes. Four-hour momentum has faded, with RSI dropping to 42.8 from yesterday’s 43.3, underscoring the lack of upward follow-through. Structure does not favor a move until either 83837.91 or 84480.35 is retaken.
Ethereum slipped 0.7% since the last note, down to 2671.64, and its bias is just as indecisive: price is beneath both the short- and long-term means, but RSI has crept up to 47.4 after drifting sideways for a day. ETH sits at 70% of its range—closer to the top than the bottom—but hasn’t challenged the 2806.76 high or shifted trend alignment. This is stagnation, not recovery, unless momentum can break above the 2685.34 threshold.
Not financial advice.