BTC 4-hour bearish signal, 15-minute RSI is already overbought $BTC /USDT - Short SHORT Trading plan: Entry: 79437.19 – 79652.97 SL: 80580.81 TP1: 78768.28 TP2: 78250.41 TP3: 77473.61 Why watch this setup? - $BTC /USDT is currently at 79545, with the 4h direction SHORT and a confidence level of 55.4—not high, but worth watching - The 15-minute RSI has surged to 74.9, indicating short-term overheating and an accumulating probability of a pullback - The 1D trend remains range-bound rather than one-sided, so shorts require a quick entry and exit - Key levels: TP1 78768, TP2 78250, SL 80580, with a risk-reward ratio of approximately 1:2.3 Discussion: Will this move reach TP2 first, or is it a short squeeze rebound that hunts stop-losses?

ETH, BTC, and SOL overnight positions

8/27 BTC Summary Today, BTC is trading in a high-level consolidation pattern, at $80,304 as of early morning, up 3% in 24 hours. The intraday range was $77,800–$80,700, with a fluctuation range of approximately 3.7%. Trading volume was moderate, with approximately 2,720 BTC traded over 24 hours. The core drivers came from two factors: first, approximately 81,700 BTC options on Deribit will expire at 16:00 today, with the maximum pain point at $68,000, a significant deviation from the current price that could easily trigger sharp volatility before and after expiry; second, at 22:00 tonight, Fed Chair Waller will deliver his first speech at Jackson Hole, and the market is closely watching his remarks on financial innovation and payment policies. Technically, a strong supply wall has formed between $81k and $86k due to selling by long-term holders, while clear buying support exists around $79k. Meanwhile, U.S. spot ETFs have recorded net inflows for seven consecutive days, totaling $2.23 billion, providing confidence to the bulls. Overall, the current price is in a tug-of-war between bulls and bears around the $80k level, with options expiry and macro events set to determine the short-term direction. A high-volume breakout above $83k could open up further upside, while a pullback below $79k could lead to a return toward the maximum pain point. The direction should become clear tonight.