$BTC is currently at $88,646 with a neutral RSI and Bollinger Bands forming a range of $85,040 to $94,290 – a bullish Engulfing pattern and Inverted Hammer signal potential upward movement, although the Doji formation still shows market uncertainty.

The Fear & Greed Index at level 21 (Extreme Fear) may serve as a contrarian signal for long positions, with an ideal entry area at Fibonacci support of $86,184 - $87,770, profit target at $91,318 - $94,290, and stop loss below $85,040.

A new short scenario is valid if a breakdown occurs below $85,040, with a profit target in the area of $83,927 - $82,000 and a tight stop loss around $88,000 to manage risk.