Morning guys 👋
What a flush. BTC and ETH just got demolished on the lower timeframes — every support broke, sellers went all in.
Here's the thing though — zoom out a bit and you'll see the 4H/12H are still bullish on both, weekly candles are printing bullish engulfing with delta accumulating, and exhaustion on the higher timeframes is near zero. This is smart money loading while retail panics.
So the play is simple — short the bounces into broken support, take profits, and don't get greedy shorting into the lows where the big boys are buying.
BTC $68,028
🔻 SHORT #1 (Best)
Entry: $68,200–$68,350
SL: $68,900
TP1: $67,162 — 1.8:1
TP2: $66,850 — 2.3:1
🔻 SHORT #2 (Decent)
Entry: $68,800–$68,950
SL: $69,200
TP1: $68,301 — 1.8:1
TP2: $67,162 — 5.3:1
Invalidation: close above $70,028
ETH $2,054
🔻 SHORT #1 (Best)
Entry: $2,057–$2,063
SL: $2,075
TP1: $2,035 — 1.7:1
TP2: $2,015 — 3.0:1
🔻 SHORT #2 (Decent)
Entry: $2,074–$2,080
SL: $2,093
TP1: $2,035 — 2.6:1
TP2: $2,015 — 3.9:1
Invalidation: close above $2,149
📋 SUMMARY
Short-term picture is clear — sellers own everything below the 1H on both assets. Fresh breakdowns, high conviction, momentum expanding. But the bigger picture is what makes this interesting. The 4H and 12H are fully bullish aligned on both BTC and ETH with exhaustion in single digits — these moves are fresh and coiled. The weekly on both just printed bullish engulfing candles with delta rising against falling price, classic accumulation pattern. BTC has RSI and BrainWaves bullish divergences on the Daily. ETH has a delta bullish divergence already firing on the 5M.
Bottom line — this selloff has a shelf life. Short the bounces for quick wins, respect the targets, and start watching for reversal signals at the deeper support zones. If the invalidation levels break, shorts are dead and the higher timeframe thesis takes over.
Not financial advice.
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