Price goes toward liquidity, a lot of liquidity 40 and under, no liquidity up top at all, so where will the exchanges and whales take the price lower to accumulate and to have people make trades and earn commissions for the exchanges, 30k is a real number for bitcoin and this scenario is for sure in play, unfortunately i can not 100x leverage but i swear i would. i have been only shorting this market no longs at all because price may be taken to liquidity anytime this is just a trap for longs to get used to the bottom of the range to then dump it on them and make them buy back their position lower. I believe this is all going to happen very very very soon bitcoin expect another mark down. I'd prefer you short at the top of the range to be safe, you can always safely put your stop loss a little above so you don't lose a lot but your reward on the risk is terrific. if you want to short the medium top level 42200 seems ok. long/short ratio still very high 3/1 which is perfect for max pain scenario, why would whales short squeeze such s small amount of shorts, when they can just dump the price kill the longs and accumulate cheaper immediately, it's path of least resistance, just putting pieces of the puzzle together. other than that good luck!