BTC Short Strategy (Technical Analysis)

A converging triangle forms in a downtrend, with volume not expanding, indicating a high probability of a continuation consolidation.

⚠ The upper boundary is hard to break, with a high risk of false breakouts.

📉 Trading Thoughts (Bearish):

1⃣ A surge to around 106800 meets resistance → Signal appears to short

2⃣ Breaks below the lower boundary at 104500 → Follow the trend to short

Remember to set a stop loss, once a false breakout is confirmed, the pullback will be swift.

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