BTC/USD Short-Term Trade Idea (1-3 Days):
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* Recommendation: SHORT
* Entry: $103,500 - $103,900 (after a confirmed 1-hour close below $104,000)
* Target 1: $101,500
* Target 2: $100,000
* Stop-Loss: $105,200
* Confidence: Medium
Quick Rationale:
Eyeing a potential SHORT on BTC if it breaks below the critical $104k support. Watching for weakening technicals (RSI/MACD turning down), recent ETF outflows, and a possible "long squeeze" if support fails. The FTX creditor repayments might not provide immediate strong buying pressure at current highs. Trade cautiously!
#Bitcoin #CEXvsDEX101
