The ETH strategy shared earlier has now successfully locked in its profit potential this time around. Accumulation and divergence are moving in sync, and $BTC the market structure is signaling a bearish bias. On the four-hour chart, rebound volume has been shrinking progressively, while the moving average band overhead continues to slope downward. Each bounce lacks follow-through—this doesn’t look like a reversal to strength. Price has repeatedly tested the key resistance zone but failed to break above it, suggesting that bullish momentum has been largely exhausted.
Structurally, this looks more like a continuation pattern within a downtrend than a bottom, and the price-volume divergence is still unfolding. Opening a short position here is based on the expectation of a second leg down after the rebound runs out of steam, with an attractive risk-reward ratio.
🔴 Trade direction: Short
📍 Entry range: 81195 – 81895
🛑 Stop loss: 82595
🎯 Take profit 1: 80495
🎯 Take profit 2: 79495
Take in the vastness of mountains and seas; observe the market’s subtleties.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BTC
Click below to trade 👇
Structurally, this looks more like a continuation pattern within a downtrend than a bottom, and the price-volume divergence is still unfolding. Opening a short position here is based on the expectation of a second leg down after the rebound runs out of steam, with an attractive risk-reward ratio.
🔴 Trade direction: Short
📍 Entry range: 81195 – 81895
🛑 Stop loss: 82595
🎯 Take profit 1: 80495
🎯 Take profit 2: 79495
Take in the vastness of mountains and seas; observe the market’s subtleties.
Trade alongside Uncle Xiong and witness the gains and losses of the world.
#BTC
Click below to trade 👇