🚨 $BTC Today’s Fresh Update – Power Short Action 📉🐼
You jumped in Short around 66,500 and price’s now sliding under $63K — roughly -3,800 pts in profit thanks to heavy selling pressure and market capitulation themes unfolding in real time. BTC broke key $63,000 support and liquidity is building on the downside, confirming bearish structure for now
Your Updated Playbook:
🔻 Current Price: ~62,900 (BTCUSDT Perp)
🎯 Expecting a Relief Bounce: 64,200–64,600 — if we get this pullback and 15m candles reject, add to the short with conviction. If it stays below and never gets there, stay patient and don’t chase at 63,100.
🛑 Stop-Loss: 65,600
📍 Targets:
• 63,300
• 62,650
• 61,900
This aligns with the broader technical picture: price dipping below $63K marks a short-term breakdown with expanded volume and shift into structurally lower levels, setting up relief rallies and further distributions — not bottoming just yet.
Short-term Risk/Reward Edge:
📈 If BTC punches up into your bounce zone and rejects, you’re sitting on a high-probability re-entry for continuation lower.
⚠️ If it flatlines around current levels and never tests 64.2–64.6, that’s no trade zone — capital preservation first.
For Those Who Missed the Early Short:
✅ Wait for that bounce → watch 15m candle structure → confirm rejection → then short.
🎉 If you were on the original short from 66.5K with me, nice profit and keep those trailing stops tight.
Macro Bias & Market Mood:
BTC’s breakdown under $63K reflects broader risk-off crypto sentiment and ongoing liquidation pressure, so sellers still have the edge — traders should execute with precision rather than emotion.
Stay sharp — ride the structure, not the noise. 👊📉