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Forwarded from 𝕍𝕀ℙ π•Šπ•”π•’π•π•‘π•šπ•Ÿπ•˜ π•Šπ•–π•€π•€π•šπ• π•Ÿπ•€ πŸ”

πŸ“‰ BTC UPDATE (17/09) – HUNTING SHORTS ON THE REBOUND

BTC is staging a fairly strong bounce off the 75K region, but let’s be clear: the larger market structure has not flipped bullish.

On the H4 timeframe, price remains trapped below key moving averages, keeping the medium-term momentum firmly to the downside. Meanwhile, on the H1 timeframe, this relief rally is pushing up to test heavy resistance around 76.3K – 76.6K.

Treat this pump as an opportunity to position into high-probability SHORT setups rather than chasing longs into overhead resistance. Wait for rejection confirmation on the lower timeframes before pulling the trigger.
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