Bitcoin Early Morning Technical Analysis Daily chart shows a recent downward trend in price, with consecutive days of bearish candles and progressively lower highs. On the 1-hour timeframe, price dropped from 77,249 to 76,859, forming a short-term downward consolidation trend. MACD: On the 1-hour timeframe, both DIF and DEA are negative. DIF shows slight upward movement but remains below the zero axis, indicating weakening bearish momentum, though not yet turning bullish. RSI: 1-hour RSI14 is at 34.89, close to the oversold zone, suggesting potential rebound demand, but overall sentiment remains weak. EMA: Current price is below EMA7 (77,203.80), indicating short-term pressure; it is also far from EMA30 (78,535.32), further confirming downward pressure. Daily trading volume has decreased from 39,492 to 23,884, reflecting cautious market sentiment. 1-hour trading volume fluctuated significantly, with heavy selling during the 07:00 period as volume surged to 3,339.