MSTR fell 9.8% to $146, testing the 50‑day EMA near $148 with strong buying volume at that level. Fundamentally, the 7‑day STRC payout and >$5 B Bitcoin reserve sustain a bullish outlook.

Investor sentiment stays positive as Saylor’s long‑term Bitcoin thesis and the upcoming dividend attract cash‑flow seekers. The MSCI index removal scare is seen as a short‑term blip, preserving the bullish trend.

Short‑term risk has risen due to macro headwinds and possible index exclusion, pressuring liquidity. Nevertheless, durable Bitcoin exposure and a growing dividend program point to a positive long‑term trajectory, keeping a bullish stance.

The 14‑day RSI sits at 42 and the MACD line just crossed above its signal, hinting at a momentum reversal. A breakout above the 3‑month moving average adds data‑driven support for continued upside.