$BTC

short trade

1. Sharp Drop Then Slight Recovery

There was a sharp red candle down to $80,634.26, followed by a green candle, suggesting a short-term bounce or potential reversal.

Price is currently $80,995.95, slightly up from the recent low.

2. RSI (Relative Strength Index) at 32.03

RSI near 30 typically indicates that BTC is oversold on the 15-minute timeframe — a potential buy signal for short-term traders.

3. MACD Still Bearish

The MACD (Moving Average Convergence Divergence) lines are deep in negative territory (MACD: -86.93, DIF: -189.42, DEA: -102.49), which means bearish momentum is still strong, even though there's a slight recovery.

4. Volume & Sentiment

The Order Book sentiment shows 52.68% buyers vs. 47.32% sellers, slightly bullish.