21:02 UTC
Uptrend, momentum cooling · RSI 47 · price 73,629.91
Higher highs into 82.6k peak, now pulling back to mid-range.
Quarter-long uptrend off the late-Feb 67k base peaked at 82.6k three weeks ago, with a second failed push to 81.9k forming a double top. Price has since unwound the entire May leg and is now testing 73-74k, sitting below both EMA20 and EMA50 for the first time since March. RSI has rolled into the mid-40s after diverging at the highs, signalling momentum has shifted from impulsive to corrective.
Support: 72,444.22, 70,410.46
Resistance: 75,888.43
What it said to watch
- Daily close below 72444 swing low confirms a lower-low and breaks the multi-month uptrend structure
- Reclaim of 75888 prior high would neutralise the double top read
- Loss of 70410 prior pivot opens the 67288 range floor as the next structural test