Bitcoin Stabilizes Near $77K as Oversold Signals Emerge in Weakening Trend
Bitcoin holds steady near $77,300 with neutral RSI and deeply oversold StochRSI/MFI signals, while Fear & Greed Index remains neutral at 40 amid consolidation.
Bitcoin BTC is holding steady above $77,300 today, posting a modest +0.40% gain in the last 24 hours despite a broader 4.48% weekly decline. Market dominance remains firm at 60.22%, with total crypto market cap around $2.57 trillion. The Fear & Greed Index sits at a neutral 40, reflecting cautious sentiment amid ongoing consolidation.
Key market metrics show reduced trading volume at $26.3 billion for BTC, down 31.68% from recent levels. Broader indicators point to mild inflows with CMF at +0.024, though MFI has dipped to deeply oversold territory at 23.59. Recent X posts highlight resilience around $76.7K-$77K, with traders noting ETF outflows and macro pressures but also accumulation by long-term holders.