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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.
$BTC