bitcoinweekly

Bitcoin ended the week almost exactly where it started: $BTC is up 0.4% over 7 days at 84,814. $ETH is down 0.5% at 2,687. The bigger change is in participation. Both majors traded far less than usual in the last 24 hours, while a handful of smaller coins took most of the attention.
BTC
The weekly range was 82,563 to 87,220, a spread of about 5.6%. Price now sits 2.8% under the top of that range and roughly in the middle of it.
Volume is the number that stands out. BTC traded about 584M USDT in the last 24 hours, only 0.38x its 7-day average. Part of that is the weekend, but it still means the market is not committing in either direction.
The hourly RSI is 49.8. That is as neutral as a reading can be. Nothing in the data says buyers or sellers are in control right now.
ETH
ETH moved in a tighter band: 2,635.69 to 2,777.33, about 5.4% from low to high. Price is 3.2% below the weekly high.
ETH volume is even quieter than BTC: about 211M USDT, or 0.25x its 7-day average. Hourly RSI is 51.1, again close to neutral. ETH is following BTC, not leading it.
Notable movers
The action this week was away from the majors. Over the last 24 hours:
PUMP leads the gainers at +17.8%, on about 37.7M USDT of volume.
ZRO is up 13.4% on about 36.4M USDT.
SAND added 6.4% on about 59.0M USDT, after a strong run earlier in the week.
WLD is up 5.9%, and with about 80.9M USDT it has the most money behind it of any gainer.
Among the majors, $BNB did best on the day at +2.4%.
The losing side is almost empty. The weakest coin on the list, ZEC, is down only 0.16%, and LTC and DOGE are basically flat. When the worst performers are near zero, the market is calm, not fearful.
Sentiment and funding
The Fear & Greed index reads 65 (Greed), down from 67 yesterday. It is still in Greed territory, but it is drifting lower, not rising, while prices stay flat.
I do not have funding rate data this week, so I will not guess at leverage levels.
What I am watching next week
BTC: a move above 87,220 (the weekly high) with volume back above its average would end the range. A close below 82,563 (the weekly low) would mean the quiet weekend was hiding weakness.
ETH: 2,777 above and 2,636 below. Inside that band, ETH is just waiting for BTC.
Volume: the most important signal is whether BTC volume recovers from 0.38x of its average once the week starts. A breakout on thin volume is easy to reverse.
Sentiment: if Fear & Greed keeps sliding while prices hold, the mood is cooling faster than the price, which can come before a range breaks lower.
#BitcoinWeekly #LowVolume