Post
Bearish

October 29 Contract Strategy $BTC



Direction: Short on rallies

Initial position: 80600 - 80900

Take profit: 79800 - 79500

Position rationale: Whales transferred over $700 million in BTC to exchanges over two days for distribution, while ETF inflows of $176 million are insufficient to offset the pressure; the 1-hour price is capped by a descending trendline, favoring shorts on rallies. #美聯儲繼續按兵不動
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BTCBTC-0.65%

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YieldFarmer
43 minutes ago
ETF inflows really aren't enough to offset it; the strategy of shorting from high levels makes sense
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BearHibernator
an hour ago
Downtrend line resistance + whale distribution; shorting here offers attractive risk-reward
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FriedRiceBro
an hour ago
First Review
The whale sell-off signal is too obvious; try placing a short around 80600 to test the waters
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