Short thesis

DayLossOpened Jul 15, 2026 · 03:15 UTCResolved Jul 15, 2026 · 03:31 UTC

The call

DirectionShort

Entry$64,559.5

T1 · 50%$64,483.5

Target$64,291.0

Stop$64,625.0

Outcome

ResultLoss · Stopped out

Return on margin-0.51%

P&L-$50.73

P&L (BTC)-0.00078 BTC

Exit$64,625.0

Price moved+0.10%

Deepest adverse$64,637.0 (+0.12%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$80,198.1

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

The setup is a bearish sweep-reclaim of the settled previous-month VAH at $64,599: the closed 03:10 UTC 5m candle wicked to $64,600 and closed back below at $64,559.5. The short is corroborated by the CCV short bias, price remaining below daily VWAP, positive funding, confirming-down 4h CVD, and a 24h short-covering OI backdrop, although confirming-up 5m delta tempers conviction. Entry is at the reclaim close, with invalidation buffered beyond the $64,600 sweep wick; T1 is the developing-day POC at $64,483.5 and T2 is the settled previous-week VAH at $64,291. Risk:reward to T2 is approximately 4.10:1; book half at T1 and move the remainder's stop to breakeven.

Committed on the market snapshot from Jul 15, 2026 · 03:15 UTC