crypto analysis
08/08 11:17
At press time, Bitcoin hovered around $113,545 after a brief pullback from recent highs near $118K.
The daily RSI dropped to 42.91, showing weakening bullish momentum but not yet entering oversold territory. The OBV also trended downward, reflecting a reduction in buying pressure over the past week.
While the price managed a slight uptick during the latest daily session, market momentum remains cautious.
The overall pattern suggests that Bitcoin was cooling off from its recent rally, but not breaking down; in line with the narrative of a disciplined, maturing market.
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