Viewforstar #36 - 🔥 BTC & BTCD: Whales tighten liquidity – 2 short points for you! 🔥
• BTC: Currently hovering around 118,500 – 119,200, but the EMA structure is still bearish, and the 1H RSI has not crossed 50. If it breaks below 118,200 → quick target 116,500 – 115,800.
• BTCD: Exceeds 54% and has a tendency to continue increasing → altcoins will underperform BTC, likely to be heavily sold off if BTC corrects.
🎯 potential short trade
1. LINK/USDT
• Entry: 21.17 – 21.25
• SL: 21.45
• TP1: 20.90
• TP2: 20.70
• Reason: Bearish EMA trend, weaker than BTC, often sold heavily when BTCD rises.
📌 Strategy:
• Only hold the position if BTC does not exceed 118,800 and BTCD maintains above 54%.
• If BTC breaks out to 119.6k with strong volume → close all shorts.
