$BTC Heaven over Thunder: Innocence, with Qian above and Zhen below. The sky is still holding firm, while the thunder below has already rumbled once—the plain-language takeaway from Innocence is: don’t rush into reckless moves. Yesterday morning, I set my short-entry levels at 75.6–76.6k. The intraday high only reached 75,398, so none of those three levels were touched; overnight, though, the structural low was revised down to 72,692.6, before the daily close rebounded to 73,762. Not getting filled on a short during the rebound doesn’t mean the bearish framework has fallen apart.
Bitcoin is currently around 73,759. This morning, it’s still grinding within 73,327–73,861, well below 75,398. U.S. spot BTC ETFs: the full figures for Monday, November 9, show net outflows of about $201 million (IBIT alone: about −$213.2 million; unofficial/third-party data, per Farside). By comparison, Friday’s full figures were about −$411.9 million, marking three consecutive trading days of net outflows. The full November total, calculated through Monday, is about −$1.483 billion. Most of Tuesday, November 10’s figures are not yet in; U.S. markets are closed today for Veterans Day, so there won’t be a new full trading day’s data yet. Don’t mistake incomplete figures on the page for a change in direction.
I’m leaning toward waiting for a rebound to 75.4–76.2k and then shorting in tiers; I wouldn’t chase a short at the current price or below 72,693. The weekly bearish framework is confirmed, so treat a rebound as a selling zone.
Entries: 75,398 / 75,563 / 76,160 (scale in at those levels; if they’re not reached, don’t trade)
Stop loss: 78,800 (leave an extra buffer beyond the weekly EMA50)
Take profit 1: 73,762
Take profit 2: 72,693
Take profit 3: 70,000
At the first take-profit level, close half and move the stop loss to breakeven. If the daily candle closes above 78,800, the plan is invalidated. The next key point to watch is the weekly close on November 16.
With Innocence, don’t act rashly. Do you think Bitcoin will first rebound to 75.4–76.2k and give you a short-entry opportunity, or test 72,693 again first?
Follow me—I’ll keep you updated as things unfold. Personal opinion, not investment advice.
Bitcoin is currently around 73,759. This morning, it’s still grinding within 73,327–73,861, well below 75,398. U.S. spot BTC ETFs: the full figures for Monday, November 9, show net outflows of about $201 million (IBIT alone: about −$213.2 million; unofficial/third-party data, per Farside). By comparison, Friday’s full figures were about −$411.9 million, marking three consecutive trading days of net outflows. The full November total, calculated through Monday, is about −$1.483 billion. Most of Tuesday, November 10’s figures are not yet in; U.S. markets are closed today for Veterans Day, so there won’t be a new full trading day’s data yet. Don’t mistake incomplete figures on the page for a change in direction.
I’m leaning toward waiting for a rebound to 75.4–76.2k and then shorting in tiers; I wouldn’t chase a short at the current price or below 72,693. The weekly bearish framework is confirmed, so treat a rebound as a selling zone.
Entries: 75,398 / 75,563 / 76,160 (scale in at those levels; if they’re not reached, don’t trade)
Stop loss: 78,800 (leave an extra buffer beyond the weekly EMA50)
Take profit 1: 73,762
Take profit 2: 72,693
Take profit 3: 70,000
At the first take-profit level, close half and move the stop loss to breakeven. If the daily candle closes above 78,800, the plan is invalidated. The next key point to watch is the weekly close on November 16.
With Innocence, don’t act rashly. Do you think Bitcoin will first rebound to 75.4–76.2k and give you a short-entry opportunity, or test 72,693 again first?
Follow me—I’ll keep you updated as things unfold. Personal opinion, not investment advice.
