I opened a small BTC short around 67,000 with a strict stop-loss.



The reason is not simply that price formed another rising wedge.

BTC is testing the 67,200 resistance area, while the 4H MACD has turned bearish and short-term momentum is weakening. The current rebound may also be forming another Lower High.

But this is still an early, controlled attempt—not a confirmed bearish reversal.

My position is deliberately small because BTC has not yet broken the latest Higher Low or closed below the wedge support.

The bearish setup becomes stronger if:

• BTC fails to reclaim 67,200
• The current Lower High remains intact
• Price breaks below the latest Higher Low
• A 4H candle closes below the rising structure

If those conditions appear, the market could begin shifting from a rebound into a clearer Lower High–Lower Low sequence.

The invalidation is equally clear.

If BTC breaks above 67,200 with strong volume and holds, I will respect the stop and exit rather than defend the short.

That could open the way toward 68,000–70,000.

My current decision:

Small position.
Strict risk.
No averaging up if the setup fails.

I am testing the resistance—not claiming the top is confirmed.

#BTC #CryptoTrading #夏日创作营
BTC-0.78%
post-image
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
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned