#BTC☀️ $BTC
---
### 📊 Chart Analysis (Screenshot 2 – TradingView)
#### 🔻 Bearish Signals:
* Price rejection at trendline: BTC is testing a long-standing descending trendline (red), and has shown stalling behavior at \~\$105,900–\$106,000.
* Bearish divergence on the oscillator: While price made a higher high, the oscillator (probably Stochastic or WaveTrend) shows lower highs — classic sign of weakening momentum.
* Overbought zone: The oscillator is hovering near its red overbought levels (52.8–53.0) and could cross down.
#### 🟩 Setup Summary:
* Entry: Around \$105,900–106,000
* TP: Around \$99,673 (as drawn) – solid confluence with structure support.
* SL: \~\$110,418 – above the last high.
* RR: Strong (about 1:2+), favorable for swing trading.
---
### 🔥 Heatmap Analysis (Screenshot 1 – Coinglass)
#### 🟨 Observations:
* Thick liquidity wall above 106,000–110,000: Large sell-side liquidity concentration. That suggests whales might absorb price moves to short from above.
* Low liquidity below \~100,000: Potential price vacuum — if BTC breaks down, it may dump fast toward 99,000 or lower.
* Support Zone: Around 95,000 has historical strong buying interest.
---
### ✅ Conclusion: Swing Short Trade Outlook
* Bias: 🔻 Bearish (short bias)
* Trigger: If BTC fails to break 106,000 and prints a lower high or bearish engulfing candle.
* Confluence:
* Technical trendline rejection ✅
* Heatmap sell liquidity above ✅
* Oscillator in overbought ✅
---
### 🧠 Pro Tip:
If you want extra confirmation:
* Watch for bearish CHoCH on the 1H.
* Confirm with 4H for structure breakdown.
* Use volume drop on retest as sign of weakness.
Do you want a TradingView Pine Script alert for this setup?