source avatarStefan

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Location of price matters more than the recent green candles, the momentum and emotions of public $BTC Is a short-term bearish-leaning setup at range highs, not a clean bullish continuation Price is testing a well-defined resistance zone after an impulsive short-squeeze rally. Until it accepts above that zone, the higher-probability trade is fade/rejection rather than chase here at the highs Futures CVD is negative and rolling over. Price made highs while futures weakened - classic divergence that often appears at local tops when leveraged players take profit or initiate shorts Elevated funding after a squeeze increases the risk of a long flush if price stalls, this combination (spot buying + futures selling at a known range high) is frequently how distribution starts

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