Initiating a short position on BTC at this level. The technical setup presents notable resistance—price action and chart patterns suggest elevated risk for continued upside without a pullback. Current market conditions and momentum indicators align with a shorting thesis here. Looking for mean reversion or consolidation before reconsidering directional bias. Risk management is key; tight stops will be essential given volatility in the broader market.

BTC1,62%
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FOMOSapienvip
· 1h ago
Shorting bet, quite bold, but it would be awkward if the pullback doesn't happen.
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RektDetectivevip
· 1h ago
The short stop-loss is tightly locked in. I'm also watching this pullback.
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OnchainUndercovervip
· 1h ago
The bears are back. Is this really the end, or are we about to get crushed again?
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AirdropDreamervip
· 1h ago
Is it a bit early to short this position... Last time, being this confident led to a reverse violent surge.
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Ser_Liquidatedvip
· 1h ago
The bears are back. Can you hold up this time? Haha
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