09:20 UTC
Uptrend, momentum cooling · RSI 52 · price 80,210.67
Higher highs, higher lows; pullback from 82.7k peak.
Higher-low structure intact since the 74k base in mid-window, with price topping at the 82.7k swing high before rolling into a corrective leg. Pullback found buyers near 79.5k swing low and is now consolidating below the 81.6k prior high, with EMA20 just capping. Momentum has cooled — bearish RSI divergence into the recent peak — but the broader uptrend off 75.6k range low remains structurally intact.
What it said to watch
- H4 close below 79.5k swing low breaks the higher-low sequence
- Reclaim of 81.6k prior high reopens the 82.7k swing high
- US April CPI release ahead — Wells Fargo flagging firm print risk