Main focus $BTC | Strategy: Short on rebound to the top, ready to short
$BTC pulled from $80,819 up to $87,385 in one go, then weakened rapidly. Two highs at $87,247 and $85,224 form a descending resistance line, hitting it face-on. Open Interest has dropped for five consecutive days, saying goodbye to $1.47 billion, bulls are still holding on hard—"I guess you all are M's?"
Operation: Place short orders at $84,800-$85,200, stop loss at $86,000, target $83,000 then $82,000, 10x leverage. Don't be the "jinx male lead," whoever touches it gets unlucky.
$BTC faces two big mountains on top
On 9/21, a big bullish candle pushed from $81k to $87.4k, with a volume of 24.5 billion USDT, the highest this week. Then it faltered—two highs at $87,247 and $85,224 press down, shrinking every time it hits the line. On 9/24, it tested a bottom at $82,832, now stuck at $84,487 in the middle, neither up nor down. MA3 is pressing down on MA5, MA10 at $85,500 acts as the ceiling for the day. Funding rate is 0.0047%, bulls pay but the momentum is weakening.
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