75000 is like a celebrity hotspot – everyone wants to go but nobody knows how long they can stay. On the 27th, quarterly options expiration, with significant volume and max pain at 75000, but currently there's no bearish divergence on the 4h and other timeframes, so we can't just assume we can short the top here. We can only call it stalled gains; reduce longs = / open shorts.
75000 is like a celebrity hotspot – everyone wants to go but nobody knows how long they can stay. On the 27th, quarterly options expiration, with significant volume and max pain at 75000, but currently there's no bearish divergence on the 4h and other timeframes, so we can't just assume we can short the top here. We can only call it stalled gains; reduce longs = / open shorts.