Bitcoin has lost 1.2% over the last 16 hours since the previous note, giving up ground to 82495.7. Price is now below both the 20 and 50-period moving averages, and the rapid drop in four-hour RSI from 38.7 to 27.5 says sellers have taken control. With price sitting at the midpoint of its twenty-day range, the next pivot is whether it holds above 77627.6, the recent low.
Ethereum has slipped 0.4% since the last note, bringing it to 2557.51 and keeping it just 2.9% off its lows for the last twenty days. Price is now below both 20 and 50-period moving averages, and RSI falling to 24.4 shows momentum is only picking up to the downside. Bulls get nothing to work with until the 2655.43 handle is reclaimed.
Not financial advice.