Opening:
$BTC BTCUSDT tests reentry near support with pre-pump signals firing. OI stable, but long-heavy positioning raises liquidation risks.
Bias:
Short-term short bias amid weak confirmation and neutral funding.
Trade Plan
Entry: 63723.2
SL: 64052.57
TP: 63174.24 (TP1) / 62824.77 (TP2)
Market Evidence:
โข Pre-pump + reentry signals active near support
โข Long/Short ratio (1.51) suggests overleveraged longs
โข OI stable (-0.2%), funding neutralโno strong directional bias
Risk:
โข Long liquidations may trigger short squeeze if price reverses above SL
โข Missing liquidity confirmation or CVD expansion
Watch:
Price reaction at 63,500 for invalidation or continuation.
#BTCUSDT #ShortBias #LiquidationRisk