Bitcoin (BTC) is experiencing a bearish trend in the 4-hour timeframe, with the BTCUSDT pair trading at $83,133.36. The EMA20 has fallen below the EMA50, indicating a downward momentum. The current EMA20 is at $83,700.58, while the EMA50 stands at $84,483.75. The Average True Range (ATR14) is at 584.77, suggesting moderate volatility. Market sentiment remains extremely fearful, with a sentiment score of 20, reflecting a defensive, risk-off environment. Open interest has increased slightly, but funding rates remain low, indicating no dominant pressure from long or short positions. Traders are advised to prioritize short setups, pending confirmation from the next 4-hour candle close.