$BTC quotes near $84.500 and $ETH trades around $2.680. In the last 24 h the move has been downward, but the week is still practically flat.
What I see: 👀 The price is staying above the long-term moving averages (30 and 200 days) 👀 The RSI is around 60: there is no overbought or panic 👀 The MACD is bearish and volume is below its 30-day average, so the move has little conviction 👀 $BTC is still around 33% below its all-time high
Weekend, low volume, and narrow ranges often lead to slow moves. Waiting for confirmation before acting is also a strategy.
What do you expect for this week: a bounce or more correction? 👇