#BTCUSDT : Bearish Correction Ahead! 🚨
📉 Key Bearish Signals:
1. Stochastic RSI (89.1/85.4):
- Severely overbought (＞80), signaling exhaustion and high reversal risk.
2. OBV (-37,568):
- Persistent selling pressure—smart money exiting despite price gains.
3. Long/Short Sentiment:
- 73% Long Positions—extremely crowded trade. High risk of long squeezes.
- Negative funding rate (-0.05%) confirms overheated longs.
4. Bollinger Bands:
- Price rejected at Middle Band (105,382), struggling to break higher.
5. MACD Divergence:
- Bullish histogram (+51.7) but DIF/DEA negative—weak momentum.
#### ⚠️ Critical Warning:
- Price up 0.90% today, but volume declining (-6.61K) and basis deeply negative (-55.57)—futures traders pricing in downside.
- Williams %R (-56.0) nears overbought territory; RSI(6) at 45.1 shows weakening bullish strength.
#### 🎯 Price Targets:
- Immediate Support: $103,278 (24h low).
- Breakdown Target: $102,429 (Bollinger Lower Band).
#### 💡 Strategy:
- SHORT near $104,500 with tight stop-loss above $105,000.
- Take-profit zone: $102,500–$103,000.
*Stay alert—correction imminent! 🔄