Bitcoin is holding at 77694.6, trading below all major moving averages on the 4-hour chart. Momentum on the daily frame is still soft, with the relative strength index at 36.3 and the 50-period mean overhead at 80317.99. Despite a one-hour move that broke recent short-term lows, both the macro trend and a confirmed shift to the downside on the 4-hour structure keep short trades in play. The only upside marker here is the minor buying at the 1-hour fair value gap between 77545.0 and 77610.0, but this does not reverse the bigger picture bias as long as price is capped by 79429.07.
Ethereum prints the same tension: local bounce to 2264.17 places price above the 1-hour mean of 2258.08 but well below the 4-hour trend at 2309.93 and the daily at 2420.85. The one-hour chart flagged a short-term break higher, but the broader move remains pointed down, confirmed by a 4-hour structure break and daily momentum stuck at 33.3 on the relative strength index. Bulls need a close above 2309.93 to argue for more than a pause.
Not financial advice.