BTC has entered the short selling zone

The spot selling pressure is 38,500, and there are 350 pending orders. However, if all the sell orders at 38,500 are eaten up, the price will easily test the high point near 40,000 very quickly!

In addition, short positions in contracts are increasing.

And there is a CVD bearish divergence

Short: 38200-38500

Stop loss: 38850

Take profit: 37700-37000-35800

If 37700 is successfully reached, you can take profit of 20% of the position and place the remaining stop loss at 38500/38300$BTC #BTC