Smart money is holding massive short positions as the liquidity drops lower.

I am looking at the whale data for $BTC

BTC
BTCUSDT
61,880.8
+0.40%

in the file named 1000038212.png and the trend is clearly bearish.

Over one thousand large whales are holding short trades and sitting in big profits right now. On the other side, the buyers are trapped in deep losses from higher entries.

Since the order flow is heavily controlled by sellers and whale movements point down, I am planning a short trade to follow the main trend. I am watching for a small push up into local resistance before entering.

My trade plan uses a strict math rule where the final profit target is exactly double the risk.

Trade Setup:

Entry Price: 61200

Stop Loss: 62200

Take Profit 1: 60200

Take Profit 2: 59200