$BTC shorted again



Just opened a short in Discord.

> Clean 4H three-drive completion.
> We completed the rPOC -> rVAH rotation and are now accepting back below rVAH again
-> will try to play this ping pong move
> Left behind a long wick, suggesting unfinished business -> same applies to liq
> Orderflow fundamentals remain stretched: elevated funding, elevated OI and a heavily skewed liquidation imbalance toward the downside.

Doesn't mean this has to work. I can absolutely be wrong.
But from a probability standpoint, this is a clean rotation trade I'd take every time.
BTC0.17%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
Add a comment
Add a comment
StainedGlassSun
· 2h ago
The 4H three-drive cycle has completed + a long upper shadow—technical analysis has provided plenty of reasons; the rest is up to the market.
View OriginalReply0
AirdropTaxPanic
· 2h ago
OI and funding rates are both high, liquidation imbalance is tilted downward. This combination is very familiar.
View OriginalReply0
DeltaSmile
· 2h ago
The move from rPOC to rVAH really does follow standard procedure: after three advances cause energy to be depleted, it then goes into a rejection—probability is on your side.
View OriginalReply0
HedgeHedgeBaby
· 2h ago
Funding is still hanging overhead; opening a short at this position is simply following the trend—just set the stop loss above the previous high.
View OriginalReply0
  • Pinned