$BTC is stretched, but I wouldn't chase the short here
4H toxic flow is elevated (z=2.26), 1H RSI is 84, and the strongest liquidation pockets sit below at $80.42K–$79.94K. Charm/GEX still dampen moves.
A good setup would short a failed $80.9K–$81K retest. SL $81.33K. TP $80.42K/$80K for the one wondering what to do next ?
4H toxic flow is elevated (z=2.26), 1H RSI is 84, and the strongest liquidation pockets sit below at $80.42K–$79.94K. Charm/GEX still dampen moves.
A good setup would short a failed $80.9K–$81K retest. SL $81.33K. TP $80.42K/$80K for the one wondering what to do next ?