$BTC shorted again



Just opened a short in Discord.

> Clean 4H three-drive completion.
> We completed the rPOC -> rVAH rotation and are now accepting back below rVAH again
-> will try to play this ping pong move
> Left behind a long wick, suggesting unfinished business -> same applies to liq
> Orderflow fundamentals remain stretched: elevated funding, elevated OI and a heavily skewed liquidation imbalance toward the downside.

Doesn't mean this has to work. I can absolutely be wrong.
But from a probability standpoint, this is a clean rotation trade I'd take every time.
BTC-0.25%
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GateUser-7e77b8d8
· 07-09 23:37
I understand clean rotation, but BTC defeats all kinds of clean. Position management is more important than direction.
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MempoolNomad
· 07-08 00:19
ping pong thinking is clear, but remember that liquidity traps often appear after false breakouts.
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StainedGlassSun
· 07-07 03:48
The 4H three-drive cycle has completed + a long upper shadow—technical analysis has provided plenty of reasons; the rest is up to the market.
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AirdropTaxPanic
· 07-07 03:38
OI and funding rates are both high, liquidation imbalance is tilted downward. This combination is very familiar.
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DeltaSmile
· 07-07 03:36
The move from rPOC to rVAH really does follow standard procedure: after three advances cause energy to be depleted, it then goes into a rejection—probability is on your side.
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HedgeHedgeBaby
· 07-07 03:29
Funding is still hanging overhead; opening a short at this position is simply following the trend—just set the stop loss above the previous high.
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