Underlying currents and traps often appear together, and $BTC is in exactly that kind of situation right now. Take a look at the 1-hour chart: the price is already below EMA50 and EMA200, while the 15-minute ADX is above 30. Selling pressure is clearly driving the move. The daily chart is still in an uptrend, so this short trade goes against the broader trend. We should keep our position size modest and make sure not to skimp on the stop-loss.
What matters more to me is whether buyers step in if the price rebounds to the resistance zone above. If volume fails to pick up, that would signal that the bears are still in control. Only if key levels fail to hold will more downside open up—don’t get lured in by a small rebound.
🔴 Trade direction: Short
📍 Entry range: 82453.24 – 82559.61
🛑 Stop-loss: 83914.99
🎯 Take profit 1: 81450.00
🎯 Take profit 2: 80745.72
🎯 Take profit 3: 79689.29
There’s no need to chase the trend—the wind will settle where it may.
Stand alongside Sister Li, and let every moment leave an echo.
#BTC
Click below to trade 👇
What matters more to me is whether buyers step in if the price rebounds to the resistance zone above. If volume fails to pick up, that would signal that the bears are still in control. Only if key levels fail to hold will more downside open up—don’t get lured in by a small rebound.
🔴 Trade direction: Short
📍 Entry range: 82453.24 – 82559.61
🛑 Stop-loss: 83914.99
🎯 Take profit 1: 81450.00
🎯 Take profit 2: 80745.72
🎯 Take profit 3: 79689.29
There’s no need to chase the trend—the wind will settle where it may.
Stand alongside Sister Li, and let every moment leave an echo.
#BTC
Click below to trade 👇