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$BTW Watch for short opportunities. A lot of people are still waiting for it to break upward, but I think this could be a trap.
From the chart, the 4-hour short structure is still quite clear, and the daily range has not been broken. Price is clearly being resisted in the 0.06020 to 0.06039 area. On the 15-minute timeframe, RSI is around 55, and the positioning is relatively neutral—there’s still plenty of room to move lower. Also, the 15-minute volume has increased by 4 times, and selling pressure is real.
You can keep an eye on the resistance around 0.06020; if it drops, look at 0.05960 and possibly even lower levels. However, don’t chase too aggressively—defense around 0.06122 needs to be watched closely. Pay attention to risk.