#BTC is trading at $66,140, down 4.9% in the past 24 hours and sitting near the day's low of $66,020. The 7-day loss is about 4% and the 90-day drawdown has reached nearly 25% from the highs. Volume today spiked significantly on the way down — a classic fear-driven selloff.

Technically, every major timeframe from 15-minute to daily shows a bearish moving average stack. The daily chart just printed a death cross. That said, RSI on the 4-hour is at 28, CCI and Williams %R are deep in oversold territory across both 4H and daily, and a 15-minute MACD golden cross just formed — so short-term, the setup is starting to show signs of exhaustion from sellers rather than fresh momentum.

On the news side, three things stand out. Twenty One Capital just overtook MARA as the second-largest public BTC holder with 43,514 BTC after MARA sold off 15,133 coins. Strategy (formerly MicroStrategy) added another 1,031 BTC last week and now holds 762,099 total. And Coinbase launched BTC-backed mortgages in partnership with Fannie Mae — borrowers can pledge BTC as collateral for down payments without selling, which is a quiet but meaningful step toward Bitcoin being treated as a mainstream financial asset.

Sentiment is sitting at fear index 13, with 52% positive versus 38% negative on social. Not a full panic, but clearly not comfortable. Discussion volume has dropped 17% versus last week, which suggests some traders are stepping back rather than engaging.

The key level to watch is $66,000. That's where both the day's low and the SAR anchor — a close below it likely opens the path toward $63,000 to $64,000. A reclaim above $68,000 would be the first sign that bulls have something to work with.