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One platform for global traditional assets
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CandyDrop
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Currently, BTC is around $67,987. The 4-hour CCI is in the overbought zone, the 15-minute MACD shows bearish divergence, and a double top pattern appears on the daily chart—short-term technical pressure exists. The slight outflow from ETFs is the icing on the cake, but there are also supports: incremental narratives like Coinbase's and Fannie Mae's Bitcoin-backed mortgage collaborations are fermenting, and the Fear Greed Index is only at 11, indicating the market is not panicking.