Yuki Eliot

Market Update

• BTC declined from $86,507.11 to $85,700.01, breaking the recent higher-close sequence after four days.
• Price remains below the Oct 5 peak of $86,507.11 and the 100-day high of $87,397.00.
• The 10-day close window now spans from $83,456.74 to $86,507.11, with the latest close the third-highest in the series.

Trend & Momentum

• 14-period daily RSI stands at 47, indicating neutral momentum after the recent overbounce from 50+ levels.
• Price is 2.22% above the 20-day Bollinger basis of $83,842.46, sitting in the upper half of the band.
• Bollinger Band span of $9,387.90 reflects moderate volatility; the current price near the upper band suggests recent strength but not an extreme extension.

Key Levels

• Resistance: $86,507.11 (Oct 5 peak) and $87,397.00 (100-day high).
• Support: $85,700.01 (current price), $84,462.14 (recent close low), and the lower Bollinger Band at $79,148.51.
• A sustained hold above $86,507.11 would re-establish the prior higher-close sequence; a break below $84,462.14 would shift near-term structure.

Risk & Volatility Outlook

• Volatility remains contained within the $9,387.90 Bollinger Band span; contraction would imply a consolidation phase, while expansion could signal a directional shift.
• The current trend view is weakening if price closes consistently below the 20-day mean of $83,842.46 or the $84,462.14 support level.
• A rebound back toward $86,507.11 would confirm the prior structure remains intact despite the recent pullback.