$BTC short
【U.S. House Speaker French Hill submits a strategic Bitcoin reserve bill to Congress】
U.S. House Speaker French Hill submitted a strategic Bitcoin reserve bill to Congress this morning. The bill aims to establish a strategic Bitcoin reserve and a separate digital asset reserve, so that federal Bitcoin can be held within the U.S. Treasury.
Based on on-chain data, recent exchange net inflows have increased. Some holders have chosen to reduce their positions after the news was released, which has intensified near-term selling pressure on BTC. Be cautious of the risk of further pullbacks.
From a capital-flow perspective, after the news was released, uncertainty has increased. In the short term, funds tend to lock in profits and wait. The BTC technical indicators have already shown signs of sluggish performance (a stagnation breakout failure). Combined with disturbances from the news cycle, the probability of a pullback rises.
Entry: 75467-76378
Take Profit: 75622
Stop Loss: 78669
KDJ has already formed a dead cross at high levels. The J value has turned downward from the overbought zone, and short-term downside momentum is building. The Bollinger Bands have also started to tighten. After the bands tighten, direction will be chosen. Combined with the earlier resistance levels, the probability of breaking downward is higher.
Trading volume shrank very clearly during the rebound, indicating that the buy-side is running out of steam. It’s not a genuine move higher—it’s more likely a bull trap to lure longs. When volume shrinks to the extreme, that’s when the drop typically begins. The 75922 level falls right within the volume-dry-up stagnation range, making it a very good entry spot.
Let’s calculate: from 75922 to 75622, there’s about 0.4% upside space (downside move for a short). The first target is enough to take profit. If the market performs strongly and breaks the first target, then you can use the remaining position to go for the second target. If it doesn’t reach the second target, it’s still not a loss—because the first tier already locks in profit.
Stop loss isn’t admitting defeat—it’s protecting principal. A break above 78669 means my assessment was wrong. If you’re wrong, accept it—don’t fight the market. Holding and refusing to exit usually ends with losses getting deeper, and finally being cut at the highest point. Set your stop loss, and you can sleep peacefully.
🔴 Click here to open a position 👉👉👉 $BTC
【U.S. House Speaker French Hill submits a strategic Bitcoin reserve bill to Congress】
U.S. House Speaker French Hill submitted a strategic Bitcoin reserve bill to Congress this morning. The bill aims to establish a strategic Bitcoin reserve and a separate digital asset reserve, so that federal Bitcoin can be held within the U.S. Treasury.
Based on on-chain data, recent exchange net inflows have increased. Some holders have chosen to reduce their positions after the news was released, which has intensified near-term selling pressure on BTC. Be cautious of the risk of further pullbacks.
From a capital-flow perspective, after the news was released, uncertainty has increased. In the short term, funds tend to lock in profits and wait. The BTC technical indicators have already shown signs of sluggish performance (a stagnation breakout failure). Combined with disturbances from the news cycle, the probability of a pullback rises.
Entry: 75467-76378
Take Profit: 75622
Stop Loss: 78669
KDJ has already formed a dead cross at high levels. The J value has turned downward from the overbought zone, and short-term downside momentum is building. The Bollinger Bands have also started to tighten. After the bands tighten, direction will be chosen. Combined with the earlier resistance levels, the probability of breaking downward is higher.
Trading volume shrank very clearly during the rebound, indicating that the buy-side is running out of steam. It’s not a genuine move higher—it’s more likely a bull trap to lure longs. When volume shrinks to the extreme, that’s when the drop typically begins. The 75922 level falls right within the volume-dry-up stagnation range, making it a very good entry spot.
Let’s calculate: from 75922 to 75622, there’s about 0.4% upside space (downside move for a short). The first target is enough to take profit. If the market performs strongly and breaks the first target, then you can use the remaining position to go for the second target. If it doesn’t reach the second target, it’s still not a loss—because the first tier already locks in profit.
Stop loss isn’t admitting defeat—it’s protecting principal. A break above 78669 means my assessment was wrong. If you’re wrong, accept it—don’t fight the market. Holding and refusing to exit usually ends with losses getting deeper, and finally being cut at the highest point. Set your stop loss, and you can sleep peacefully.
🔴 Click here to open a position 👉👉👉 $BTC