Bitcoin picked up 0.6% in the last 16 hours to 83529.1, holding almost exactly at its 20-period mean and staying 4.4% under the 20-day high. Momentum is recovering—four-hour RSI is up from 45.5 to 48.0—but price remains trapped between short-term support and a 50-period average that still sits above at 84100.82. The move since the last note has been steady rather than decisive and there’s no break from the range that’s dominated all week.
Ethereum has tracked a similar path, rising 0.7% over 16 hours to 2686.3 and sitting above its 20-period mean but just shy of the 50-period at 2688.98. Four-hour RSI at 50.7 is climbing, a modest pickup from the prior 47.1, and price holds 4.3% under its 20-day high. Both trend and momentum suggest pressure is up, but the battle at the 50-period average defines the next direction. Not financial advice.