Technical analysis by DhAr1TA about Symbol BTC on 5 hour ago

BTCUSDT Following the 126 high, Bitcoin shows a clear shift from impulsive to corrective price behavior. The subsequent decline is characterized by overlapping internal structure, momentum deceleration, and a clean break of the 50 and 100 moving averages for the first time since the advance - a behavior typically observed at the early stages of corrective phases, rather than impulsive downtrends. The move toward the 80K region is best interpreted as the first corrective leg (W), supported by non-impulsive price behavior, RSI exhaustion followed by stabilization, and volume/OBV dynamics consistent with selling pressure absorption. This interpretation remains valid unless invalidated by a clear impulsive reversal.