A Short-Dominated Market: Which Direction Is the Hunt On? 11/15
Neither market gave a long signal today. It’s not that no opportunity came along—it’s that in this kind of market, people going long are probably just handing money to the shorts.
First, let’s look at both markets:
BTC: The system is bearish. The stop-loss wall at $65,853 above is resistance on a rebound; the support pool at $63,271 below is the target.
ETH: The system is bearish. The stop-loss wall at $1,832 above is resistance on a rebound; the support pool at $1,760 below is the target.
Both markets are bearish—the leveraged sentiment around BTC and ETH is aligned, and the whole market is bracing for a breakdown. That consensus is a signal in itself: when everyone is bearish, there’s less resistance to a breakdown, but the odds of a false breakdown also increase. I’d treat this as a warning, not an entry ticket: wait for a rebound to the stop-loss wall and a bearish candle before acting. Don’t jump in early.
Trading plan:
BTC: No trade for now; wait for the setup to trigger. If price rebounds to $65,853+ and closes bearish, look for short confirmation; if it retests $63,271+ and closes bullish, look for long confirmation.
ETH: No trade for now; wait for the setup to trigger. If price rebounds to $1,832+ and closes bearish, look for short confirmation; if it retests $1,760+ and closes bullish, look for long confirmation.
My trade: I’ve placed a short order around $64,110 and am waiting for it to trigger, with a stop-loss above $68,559. This isn’t a prediction—I’m waiting for price to come to me.
Follow me for a livestream every night at 21:00 + SMC lessons
🌿 Zhao Keeps It Unspoken | For reference only
$BTC $ETH #BTC #ETH #合约交易 #Perpetual Contracts
What’s the hardest thing to learn when trading futures?
Comment A (Waiting—I see a signal but don’t dare enter) B (Waiting—I can’t resist entering without a signal) C (Stop-loss—I keep thinking it’ll bounce back) D (Holding a position—I take profits too soon and stubbornly hold onto losses)
—Yes, I’m talking about you. No need to pretend nothing’s wrong. Pick one, and I’ll tell you how to work through each situation.
Neither market gave a long signal today. It’s not that no opportunity came along—it’s that in this kind of market, people going long are probably just handing money to the shorts.
First, let’s look at both markets:
BTC: The system is bearish. The stop-loss wall at $65,853 above is resistance on a rebound; the support pool at $63,271 below is the target.
ETH: The system is bearish. The stop-loss wall at $1,832 above is resistance on a rebound; the support pool at $1,760 below is the target.
Both markets are bearish—the leveraged sentiment around BTC and ETH is aligned, and the whole market is bracing for a breakdown. That consensus is a signal in itself: when everyone is bearish, there’s less resistance to a breakdown, but the odds of a false breakdown also increase. I’d treat this as a warning, not an entry ticket: wait for a rebound to the stop-loss wall and a bearish candle before acting. Don’t jump in early.
Trading plan:
BTC: No trade for now; wait for the setup to trigger. If price rebounds to $65,853+ and closes bearish, look for short confirmation; if it retests $63,271+ and closes bullish, look for long confirmation.
ETH: No trade for now; wait for the setup to trigger. If price rebounds to $1,832+ and closes bearish, look for short confirmation; if it retests $1,760+ and closes bullish, look for long confirmation.
My trade: I’ve placed a short order around $64,110 and am waiting for it to trigger, with a stop-loss above $68,559. This isn’t a prediction—I’m waiting for price to come to me.
Follow me for a livestream every night at 21:00 + SMC lessons
🌿 Zhao Keeps It Unspoken | For reference only
$BTC $ETH #BTC #ETH #合约交易 #Perpetual Contracts
What’s the hardest thing to learn when trading futures?
Comment A (Waiting—I see a signal but don’t dare enter) B (Waiting—I can’t resist entering without a signal) C (Stop-loss—I keep thinking it’ll bounce back) D (Holding a position—I take profits too soon and stubbornly hold onto losses)
—Yes, I’m talking about you. No need to pretend nothing’s wrong. Pick one, and I’ll tell you how to work through each situation.