BTC surged in volume at 10:00 and closed below 76,351, then plunged to 75,690 at 11:00, a 10-day low. It fell 2,350 points in three hours from 78,039, while the daily MA20 is still at 80,045.
Chasing shorts after a drop this steep means paying for your emotions.
Conservative: If a rebound to 76,127 fails to break higher, take a small short; stop at 76,600, target 74,800
Aggressive: Short again if it breaks below 75,690; stop at 76,130 (0.001 contracts ≈ 76U, about 3.8U at 20x)
Invalidation: If the 1H candle closes back above 76,351, target 77,260
$BTC #BTC #Market
Chasing shorts after a drop this steep means paying for your emotions.
Conservative: If a rebound to 76,127 fails to break higher, take a small short; stop at 76,600, target 74,800
Aggressive: Short again if it breaks below 75,690; stop at 76,130 (0.001 contracts ≈ 76U, about 3.8U at 20x)
Invalidation: If the 1H candle closes back above 76,351, target 77,260
$BTC #BTC #Market