Technical analysis by pejman_zwin about Symbol BTC: Sell recommendation (7/10/2025)

Bitcoin ( BTCUSDT ) managed to form a new All-Time High(ATH) in the previous one-hour candles . Do you think Bitcoin can create a new ATH in the coming hours? Bitcoin is currently trying to break the Heavy Resistance zone($110,720-$105,820) . It has also penetrated the Potential Reversal Zone(PRZ) [$114,240-$112,380] and Cumulative Short Liquidation Leverage($114,910-$113,850) . In terms of Elliott wave theory , it seems that the 5 impulsive waves that Bitcoin started in the last 3 days can be completed above the ascending channel and PRZ . Also, we can see the Regular Divergence(RD-) between Consecutive Peaks. I expect Bitcoin to drop to at least Cumulative Long Liquidation Leverage($111,563-$110,947) . At least the price zone Bitcoin is in at the time of publishing this analysis is better for short positions , even if the Stop Loss(SL) is touched . Note: Stop Loss(SL)= $115,023 Please respect each other's ideas and express them politely if you agree or disagree. Bitcoin Analyze (BTCUSDT), 1-hour time frame. Be sure to follow the updated ideas. Do not forget to put a Stop loss for your positions (For every position you want to open). Please follow your strategy and updates; this is just my Idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.New update regarding CME Gap and new Cumulative Short Liquidation Leverage/Cumulative Long Liquidation Leverage🔵CME Gap: $115,635 _ $114,060 🟢Cumulative Long Liquidation Leverage: $112,572_ $110,915 🟢Cumulative Long Liquidation Leverage: $115,223 _ $114,359 🔴Cumulative Short Liquidation Leverage: $120,000 _ $118,979Still a valid analysisStop loss was touched New Potential Reversal Zone(PRZ) [$127,700-$124,000] Cumulative Short Liquidation Leverage: $124,160-$123,352