BTC filter first, then PEOPLE | Model C support-break continuation short | TP 0.0055
Interesting location because traders will read it differently.
This framework starts with BTC every time. No BTC strength, no aggressive alt longs, only short setups.
For high-emotion alt selection, PEOPLE makes the cut because heat, volatility and late-chaser behavior are all elevated here.
PEOPLE is a high-emotion alt right now, exactly the type where crowded positioning creates cleaner short entries.
Execution model is only Model C support-break continuation short, and the trigger is simple: only hit it after support breaks and the retest fails from below.
Entry logic: I only want the short around 0.0057 once the model structure is actually present.
Stop logic: if price reclaims 0.0058 with acceptance, the short idea is invalid and I am out.
My first take-profit is 0.0055. After that, only a small runner stays if the flush is still impulsive.
Funding / OI context: Funding matters because sticky positive funding keeps the squeeze-chasers vulnerable on the downside. If OI rises with the bounce, I assume more trapped longs can fuel the next flush.
No contradiction with the playbook here: until the BTC filter flips strong, I treat alt pops as short inventory, not long momentum to chase.