SHORT #BTCUSDT from $109,666

30m TF. A new all-time high (ATH) is always an important event. After it is reached, trading usually occurs within a sideways range. Around 110000, there was a test of imbalance with local manipulations. This may indicate the accumulation of short positions by major players.

At the same time, liquidity pools for long positions are being formed. If the level of 109300 breaks locally, it opens the way to 104000. If the mirror levels hold, the price will continue to decline.

Set the stop-loss according to your chosen strategy and your risk management. The targets are as follows: 106200, 104000, 98000, 96000, 77000.