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$BTC Signal】Short Position + High-Level Consolidation for Distribution
$BTC Forms a high-level consolidation on the 4H timeframe, with the price declining but open interest remaining stable. Combined with negative funding rates and buy-side absorption illusions, this indicates a trap for bulls followed by a distribution phase by the main players.
🎯 Direction: Short
The price repeatedly tests the 69k-70k range, but each rally is quickly suppressed. The shrinking body of the 4H candlestick indicates waning momentum. Key data shows contradictions: Taker Buy Volume indicates active buying, but