$BTC
Before considering a short, ask:
1. Trend Analysis: Is BTC in a downtrend? Look at key moving averages (50D, 200D), RSI, MACD, etc.
2. News & Events: Are there upcoming events (Fed meetings, ETF news, halving cycles) that could pump or dump price?
3. Support/Resistance Levels: Is BTC near a strong resistance zone (e.g., $65k–$67k recently)?
4. Volume: Is there selling pressure or decreasing buying volume?