Over the last 16 hours, Bitcoin dropped 1.5% to 81650.0, snapping back under both the 20-period mean at 81758.74 and the 50-period at 82261.25. This confirms the cooling read from earlier as momentum fell to 46.8 from 55.2, meaning sellers stayed in control and price is now just a quarter up from its 20-day low. Bulls need a close back above 82261.25 to shift the read.

Ethereum traced a parallel move, shedding 1.6% to 2398.21 and now sitting 13.7% off its 20-day high. Four-hour trend reads are all down with price stuck below both moving averages, and relative strength at 45.9 after a drop from 49.7 lines up with the pullback. The level to watch for a base is the recent low at 2313.39.

Not financial advice.

$BTC $ETH #BTC #ETH #trading #momentum #crypto