Bitcoin climbed 1.3% over the last 16 hours, lifting to 80649.0 and moving off the bottom of its twenty-day range—now 1.9% above the low and 5% below the high. Momentum has picked up, with 4-hour RSI rising from 41.5 a day ago to 50.7, but price is trapped between the averages: above the 20-period, below the 50-period. This bounce confirmed the read from the last post, but until price clears 81361.51, a full reversal isn't on the table.
Ethereum tracked a similar path, gaining 1.5% in 16 hours to reach 2341.57, nudging it 2.6% off its recent low and 9.5% below the top of its range. Four-hour RSI jumped from 41.1 to 48.2, hands momentum to buyers, yet price is still below the 50-period average of 2381.77. ETH’s rally confirmed the prior note, but the range break only comes in above that slow average.
Not financial advice.