$BTC When the market is quietly churning beneath the surface, it often gives us a reverse signal. When I was watching the charts, I noticed that although the short-term action was dragging prices upward, the volume never kept up, and once price reached the key area, it was clearly struggling to move higher. Everyone is always afraid of missing a rebound, but if you look closely at the four-hour structure, the center of gravity hasn’t risen at all—instead, it’s being pinned down hard by overhead resistance.
In this kind of market, the longer it consolidates sideways, the more unfavorable it is for the bulls. I think that since the daily trend hasn’t changed, it’s more solid to short in line with the higher timeframe than to chase rebounds. Any rebound is just a better entry opportunity anyway.
🔴 Trading direction: Short
📍 Entry range: 63333.12 – 63382.10
🛑 Stop loss: 63887.47
🎯 Take profit 1: 62960.23
🎯 Take profit 2: 62695.29
🎯 Take profit 3: 62297.90
Still waters run deep and reveal foresight; the market rises and falls with composure.
Stay with Feijie, and read the tides of wealth.
#BTC
Click below to trade 👇
In this kind of market, the longer it consolidates sideways, the more unfavorable it is for the bulls. I think that since the daily trend hasn’t changed, it’s more solid to short in line with the higher timeframe than to chase rebounds. Any rebound is just a better entry opportunity anyway.
🔴 Trading direction: Short
📍 Entry range: 63333.12 – 63382.10
🛑 Stop loss: 63887.47
🎯 Take profit 1: 62960.23
🎯 Take profit 2: 62695.29
🎯 Take profit 3: 62297.90
Still waters run deep and reveal foresight; the market rises and falls with composure.
Stay with Feijie, and read the tides of wealth.
#BTC
Click below to trade 👇