According to QVX momentum, we're SHORT.
Price is currently testing the 64010 resistance zone after a failed breakout attempt. The 30-year Treasury yield at 5.216% is compressing global liquidity, and BTC is showing relative weakness against that macro headwind. I’m watching for a confirmed rejection at 64010 to initiate a short, targeting the 62802 support level as the first take-profit. Stop placement above 64350 to limit adverse selection risk. If support breaks, the next downside leg opens toward lower liquidity pools. Position size remains modest given the tight range—waiting for volatility expansion to confirm the move. 📊
#QVX #BTC #TradingStrategy
Price is currently testing the 64010 resistance zone after a failed breakout attempt. The 30-year Treasury yield at 5.216% is compressing global liquidity, and BTC is showing relative weakness against that macro headwind. I’m watching for a confirmed rejection at 64010 to initiate a short, targeting the 62802 support level as the first take-profit. Stop placement above 64350 to limit adverse selection risk. If support breaks, the next downside leg opens toward lower liquidity pools. Position size remains modest given the tight range—waiting for volatility expansion to confirm the move. 📊
#QVX #BTC #TradingStrategy