Technical analysis by SiDec about Symbol BTC: Sell recommendation (5/28/2025)

BTC continues to chop in a tight range near its previous all-time high. While price action may appear messy at first glance, traders using a combination of structure, Fibonacci levels, and order flow tools are spotting clean opportunities — especially through Swing Failure Patterns (SFPs). 🔍 What Just Happened? Bitcoin recently rejected from the 0.786 Fibonacci retracement level — a classic reaction zone. What made this move powerful was the SFP that formed at that level. Price swept above a prior high, triggering breakout buys, only to reverse. This type of move traps late longs and offers an ideal short entry. 🧠 Educational Insight: Why SFPs Are One of the Best Setups SFPs (Swing Failure Patterns) are some of the highest-probability trades you can take for a few key reasons: 1️⃣ Liquidity-driven: They form where stop losses cluster — above highs or below lows — creating a magnet for price. 2️⃣ Clean invalidation: The wick high/low gives a natural stop-loss level, keeping risk tight. 3️⃣ Fast reaction: Once trapped traders are forced to exit, price often reverses sharply — giving you strong follow-through. 4️⃣ Confirmable with order flow: Using tools like Exocharts, you can see aggressive longs/shorts piling in just before the reversal. This adds conviction to the setup. 📏 Current Confluence: Rejection from the 0.786 Fib retracement SFP confirmed on high volume 1:1 trend-based Fib extension sits at ~$105,410 That level also lines up with the 0.666 Fib retracement Anchored VWAP around $105K Liquidity pool right at that zone too — a likely magnet 🎯 Trade Idea: Short triggered at the SFP wick, stop just above it. First target: the 1:1 extension near $105.4K. Risk-reward is excellent with high probability if price continues to unwind late longs. ✅ Key Takeaway: In ranges like this, you don’t need to guess direction — you need to react to structure. SFPs give you that edge. When paired with real-time tools like Exocharts and anchored VWAPs, these trades become sniper entries rather than coin flips. Let the market show its hand — and trade the reaction, not the prediction. 📌 Summary: This is how you avoid overtrading in chop: wait for key levels, watch how price reacts, and let trapped traders create the move. If BTC revisits the $105K region, it’s a major area to watch for reaction — or to take partials if you’re in a short. The best trades come from patience + precision. _________________________________ If you found this helpful, leave a like and comment below! Got requests for the next technical analysis? Let me know.