Why I Shorted
$BTC from 97,450 and Discussed It On
#Binancelive ?
When Bitcoin was trading around 85,400, I clearly stated in my live session that a swing long was forming.At that time, many people disagreed. Some said it was impossible and Said me Fool. Some said Bitcoin would drop straight to 75K. But my view was based on structure, not emotion. On the higher timeframe:
Bitcoin was forming a descending broadening channel
Strong support was present near 85,000 A symmetrical triangle was also forming with the same support zone 1W Price was consistently closing above the 100 EMA The 100 EMA + ETF support line aligned perfectly That alignment is why I shared the long idea near 85K—despite criticism. And eventually, price respected that structure.
What Changed Now?
After the move up, Bitcoin formed support around 94K and then pushed higher. In doing so, it trapped late buyers on the lower timeframe. From a structural perspective: The 97K area is a rejection zone A pullback toward 94–94.5K is healthy
From there, Bitcoin can either take support and continue higher
Or, if 94.5K breaks, the structure weakens This is why I shared a short setup near 97,450
$BTC Risk Management Comes First
I always emphasize one thing Trade less, trade smarter.
With 20× leverage, a 2.8% price move equals ~28% ROI.
That’s why The stop-loss must be tight Losses are predefined Profits are managed step by step There is no need to overtrade or chase moves. If the level breaks, we reassess. If it rejects, we manage profits.
Final Thought
Markets don’t reward emotions. They reward patience, structure, and risk control. Right now, Bitcoin is sitting near resistance. We trade the level—not the noise.
Let’s see how the structure unfolds.
HTF I am Bullish LTF BEarish So this is a Scalping Trailling SL is Important when in profit
@AxperCryptoFree
@CZ