Opening a BTC short can be risky when the market is pulling back after a strong move. The key question is whether BTC is showing a genuine bearish structure or simply making a temporary correction.
Before deciding whether your entry is early, I'd look at:
Liquidity: Has BTC swept the recent highs, or is there still upside liquidity waiting above?
Market structure: Is BTC forming lower highs and lower lows, or is the bullish structure still intact?
Support: Is price breaking important support levels, or bouncing from them?
Confirmation: Are sellers actually taking control, or are you shorting into a potential rebound?$BTC
Before deciding whether your entry is early, I'd look at:
Liquidity: Has BTC swept the recent highs, or is there still upside liquidity waiting above?
Market structure: Is BTC forming lower highs and lower lows, or is the bullish structure still intact?
Support: Is price breaking important support levels, or bouncing from them?
Confirmation: Are sellers actually taking control, or are you shorting into a potential rebound?$BTC
