Short thesis

ShortDayWinOpened Jul 31, 2026 · 06:15 UTCResolved Jul 31, 2026 · 09:16 UTC

The call

DirectionShort

Entry$64,282.7

T1 · 50%$64,085.0

Target$63,652.0

STOP (original)$64,430.0

Outcome

T1 bookedJul 31, 2026 · 07:03 UTC

T1 exit$64,085.0

T1 leg P&L+$76.89

ResultWin · Target hit

Return on margin+3.22%

P&L+$322.17

P&L (BTC)+0.00505 BTC

Exit$63,652.0

Price moved-0.64%

Deepest adverse$64,397.0 (+0.18%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$79,854.3

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

Short the Tier-1 pdEQ at $64,296.5: the closed 06:00 UTC 15-minute candle wicked above it to $64,299.9 and rejected back below at $64,282.7, while the 06:10 5-minute close below pdEQ/dPOC corroborates the rejection. The broader read supports the short: 4-hour CVD confirms down, positive funding leaves longs paying, and positive 5-minute delta failing to lift price suggests buyer absorption; flat OI is neutral rather than contradictory. Entry is at the rejection close, with the stop given room beyond the sweep wick; T1 is the confluent developing VAL/day low at $64,085, and T2 is settled pwVAL at $63,652, giving approximately 4.28:1 R:R to T2.

Committed on the market snapshot from Jul 31, 2026 · 06:15 UTC