Bitcoin Stuck Between Liquidation Walls as Bears Gain Momentum

Bitcoin's recent rally has cleared upside liquidity, leaving either longs or shorts exposed to a violent move. The price is currently testing the upper Bollinger resistance near $80,625.25 after reaching a peak of $78,146.14.

The Relative Strength Index (RSI) at 48.72 indicates a neutral sentiment, while the Moving Average Convergence Divergence (MACD) death cross at -59.22 signals bearish momentum. This setup suggests that a healthy retracement toward the EMA50 support at $77,144.12 is probable before any continuation.

Traders are now weighing this setup against potential crypto market crash triggers and AI industry impact on risk assets. The EMA200 at $70,581.56 anchors the broader bullish structure from the past six months.