BTC heat check: I’m riding the short side 📉
🚧 Supply wall holding at $85 k‑85.5 k (cloud top + March highs)
💤 Volume fading + momentum stalling → effort < result
🐋 Hyperliquid whales sit 53 % net‑short and funding’s still paying bears
🔻 Trigger: Profit ladder
$80 500 – mid‑range support & 50 % fib of April rally.
$76 200 – March range floor / high‑volume node.
$65 xxx – macro support if a liquidation cascade fires.
⛑️ Invalidation: candle + volume breakout above $88.8 k
Fade the $85 k supply while volume is thin, ride the rejection toward $80 k, and trail hard with a stop at $88.8 k in case real buyers finally appear.
https://www.coinglass.com/hyperliquid
🚧 Supply wall holding at $85 k‑85.5 k (cloud top + March highs)
💤 Volume fading + momentum stalling → effort < result
🐋 Hyperliquid whales sit 53 % net‑short and funding’s still paying bears
🔻 Trigger: Profit ladder
$80 500 – mid‑range support & 50 % fib of April rally.
$76 200 – March range floor / high‑volume node.
$65 xxx – macro support if a liquidation cascade fires.
⛑️ Invalidation: candle + volume breakout above $88.8 k
Fade the $85 k supply while volume is thin, ride the rejection toward $80 k, and trail hard with a stop at $88.8 k in case real buyers finally appear.
https://www.coinglass.com/hyperliquid
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.