Short thesis

ShortSwingWinOpened Aug 2, 2026 · 22:30 UTCResolved Aug 3, 2026 · 08:15 UTC

The call

DirectionShort

Entry$63,492.2

T1 · 50%$63,401.0

Target$62,390.0

STOP (original)$63,840.0

Outcome

T1 bookedAug 2, 2026 · 22:45 UTC

T1 exit$63,401.0

T1 leg P&L+$35.91

ResultWin · Target hit

Return on margin+4.70%

P&L+$469.90

P&L (BTC)+0.00752 BTC

Exit$62,390.0

Price moved-0.94%

Deepest adverse$63,506.6 (+0.02%)

Sized under

Account$10,000

Leverage5×

Notional$50,000

Liquidation$78,872.3

Price chart

Bybit · BTC/USD Inverse Perpetual

Reasoning

Short the rejection confluence at developing monthly high $63,694.4 and settled pwVAL $63,652.0. The CLOSED 2026-08-02 22:00 UTC 30-minute candle swept the monthly high/pwVAL region to $63,694.4 and closed back below at $63,494.4, confirming a bearish sweep-reclaim; separately, the broader decline from the $82k area remains structurally bearish, while positive funding and 24h OI growth into resistance support a trapped-long read despite rising CVD. Entry is near the reclaim close, with the stop buffered beyond the sweep wick; T1 is developing mVAH $63,401 and T2 is settled pmVAL $62,390, giving approximately 3.17:1 reward-to-risk to T2.

Committed on the market snapshot from Aug 2, 2026 · 22:30 UTC