$BTC ripped +6.7% today, blew through $82.7k, now tagged $86.6k resistance — took a short just above.
Why here? Volume declining on 4H, smaller green candles = move slowing. 1H shows the same, but key signal: open interest dropping while price pushed higher last 2 hours. That's not new longs — that's shorts capitulating into the level. Classic exhaustion.
Does this guarantee a pullback? No. Shorting momentum is hard and I could be wrong. Position starts small, no leverage, will add if it runs higher.
If you think I'm stupid, cool — drop your position and targets below. Not financial advice.
Why here? Volume declining on 4H, smaller green candles = move slowing. 1H shows the same, but key signal: open interest dropping while price pushed higher last 2 hours. That's not new longs — that's shorts capitulating into the level. Classic exhaustion.
Does this guarantee a pullback? No. Shorting momentum is hard and I could be wrong. Position starts small, no leverage, will add if it runs higher.
If you think I'm stupid, cool — drop your position and targets below. Not financial advice.
