Technical analysis by reiiss7 about Symbol BTC on 10/3/2025

The last Short was clearly premature, and was based purely on a technical level. Volume bust through it. Had I have waited for a stall and confirmed Distribution, the situation would have been better. Now that Shorts have been wiped, and the majority of the market is in a Long, I believe we can now drop to the first major bounce at 81.1k. When one side starts winning for an extended period of time, the losing side becomes "Unfavourable". Many who opened a Short and lost, fear opening another.