$BTC Technical Breakout vs. Overheating (Mixed Impact)Overview:

The total market cap broke above its 7-day

SMA ($3.89T) and Fibonacci 23.6% level ($3.95T), but the 7-day RSI at 85.6 flags extreme overbought conditions.

What it means:

Short-term traders may take profits near $4.17T (127.2% extension), but the MACD histogram (+$13.66B) suggests bullish momentum remains dominant.