$BTC
$BTC remains in a neutral-to-bearish range, failing to reclaim $95,000 after a 30%+ correction. Market sentiment is cautious due to geopolitical risks and mixed macro signals.
1. Technical Overview
Trend: Sideways / range-bound
Support: $88,000 – $89,200 (critical). A breakdown could lead to $85,000 or $68,000 (200-week EMA)
Resistance: $93,500 – $95,000. Daily closes above this zone are needed for trend reversal
Indicators:
50D & 200D MAs: Bearish (Sell signals)
RSI (14): ~47–55 (Neutral momentum)
2. Fundamental Factors
Geopolitics: US–Venezuela tensions are pressuring risk assets; BTC is not acting as a safe haven
Macro: Softer US payrolls hint at Fed cuts, but geopolitical fears dominate
Institutional Flow: Spot ETF inflows continue but at a slower pace than late 2025
3. Trader’s Outlook (Futures)
Bear Flag: A high-volume break below $88k could open short targets lower
Bullish Reversal: Holding $89k and reclaiming $91,500 may allow a move back toward $95k