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BlackCat Trading Mindset
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Υποτιμητική$BTC is pushing back into overhead resistance.
At first glance it looks constructive.
But when I zoom out a bit… it feels more like a relief bounce than genuine strength.
Trading Plan: SHORT $BTC
Entry: 66200 – 67000
SL: 68800
TP1: 64500
TP2: 62800
TP3: 60500
On the higher timeframe, structure hasn’t shifted. We’re still operating under a broader distribution range. The recent push up didn’t reclaim any major level with authority — no real expansion, no aggressive continuation. Just a grind higher.
That matters.
Because when a market is truly strong, you don’t question the follow-through. It expands. It holds above prior highs. It builds acceptance.
Here, we’re seeing the opposite.
Wicks near the highs are getting sold.
Momentum is compressing.
Each push up feels heavier than the previous one.
From a liquidity perspective, this bounce likely cleaned some late shorts and relieved pressure. But I’m not seeing signs of fresh, committed capital stepping in. It feels more like positioning adjustment than new trend initiation.
Psychology-wise, this is where traders start convincing themselves the bottom is in. Relief rallies do that. They create just enough optimism to pull buyers back in — right before rotation.
If we get rejection inside this supply, the path of least resistance rotates back toward lower liquidity pools.
I’m not predicting a collapse.
I’m positioning around structure.
If the market proves strength and reclaims with expansion, I step aside. No ego attached.
But as long as structure remains capped and liquidity above is being defended, I lean toward rejection.
Trade $BTC here 👇
{future}(BTCUSDT)
At first glance it looks constructive.
But when I zoom out a bit… it feels more like a relief bounce than genuine strength.
Trading Plan: SHORT $BTC
Entry: 66200 – 67000
SL: 68800
TP1: 64500
TP2: 62800
TP3: 60500
On the higher timeframe, structure hasn’t shifted. We’re still operating under a broader distribution range. The recent push up didn’t reclaim any major level with authority — no real expansion, no aggressive continuation. Just a grind higher.
That matters.
Because when a market is truly strong, you don’t question the follow-through. It expands. It holds above prior highs. It builds acceptance.
Here, we’re seeing the opposite.
Wicks near the highs are getting sold.
Momentum is compressing.
Each push up feels heavier than the previous one.
From a liquidity perspective, this bounce likely cleaned some late shorts and relieved pressure. But I’m not seeing signs of fresh, committed capital stepping in. It feels more like positioning adjustment than new trend initiation.
Psychology-wise, this is where traders start convincing themselves the bottom is in. Relief rallies do that. They create just enough optimism to pull buyers back in — right before rotation.
If we get rejection inside this supply, the path of least resistance rotates back toward lower liquidity pools.
I’m not predicting a collapse.
I’m positioning around structure.
If the market proves strength and reclaims with expansion, I step aside. No ego attached.
But as long as structure remains capped and liquidity above is being defended, I lean toward rejection.
Trade $BTC here 👇
{future}(BTCUSDT)
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