Bitcoin dropped 1.2% over the last 16 hours to 83085.3, slipping firmly below the 50-period mean and now sits just under 40% of its twenty-day range high. Momentum continues to soften, with RSI down to 48.1 from 56 a day ago. Price is holding just above the 20-period average but the negative move confirms last note’s caution; 83762.11 is now the spot to watch for any reversal.
Ether tracked a similar 1.7% slide since the last note, now at 2522.38 and under 31% of its own range peak. The four-hour momentum is weaker, with RSI at 45.9 from 50.8 yesterday, and price remains below the 50-period mean. Until 2574.88 is reclaimed, the pressure remains to the downside.
Not financial advice.