Everyone is trying to catch the bottom, but this time it actually shook me with a BTC/USDT short-position alert. The RSI has crashed into oversold at 28.39 and hasn’t bounced yet—are you going to short, or wait for a fake pump before entering?



Short position plan: entry 62,829.90, TP1 62,246.47, TP2 61,857.51, TP3 61,274.08, stop loss 63,607.81. The daily trend is bearish. The 4-hour RSI is oversold but hasn’t rebounded, and the 1-hour ATR at 324 indicates volatility compression. This is a typical “build-up energy, then break down” setup. Shorting confidence is 85%, ranking 99.7%—momentum is more inclined to continue than to reverse.

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TaikoTinker
· 2h ago
It looks like it might be something, but don’t take on too much exposure. Nobody can guess a black swan.
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ChainDetectiveLearner
· 2h ago
I’m also planning to short, but I’ll wait until it breaks below 62,000 before entering—safer on the right side.
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GasVeteran
· 2h ago
ATR compressed to 324 is indeed uncommon; the breakout in the direction should come quickly. I think the probability of a move downward is higher—I support your view.
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StableCoinPlayer
· 2h ago
RSI is 28.39. Based on historical data, the odds of a rebound from this level are actually not low—your 85% confidence sounds a bit overestimated.
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ArbitrageElf
· 2h ago
Bro, your short-sell plan is pretty detailed, but RSI has been oversold for so long—what if it suddenly pumps? I suggest waiting for another 4-hour K-line to confirm.
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