Thèse Short

Level-reaction short at the developing day high $86,682.5 with the D-Open $86,572.3 immediately beneath it: the 15m candle closing 16:00 UTC (O 86,507.3 H 86,682.5 L 86,274.4 C 86,362.7) wicked through BOTH the dHigh and the day open and closed back below them — the classic rejection-at-level shape, so the wick itself defines invalidation and entry is taken at the close. Corroboration: CCV bias is short with acceptance armed, 4h CVD bearish divergence, 5m taker delta bearish divergence (-12.8 BTC/30m) refusing to confirm the new high, OI +0.91% on the 4h building into the high = new longs trapped at the extreme, and Fear & Greed 78 (Extreme Greed) after a +6.5% daily impulse. Stop $86,870 sits ~0.23% above the sweep wick, giving room past the poke; T1 is daily VWAP $85,702 / dPOC $85,671.5 (the nearest meaningful structure), T2 is dVAL $85,341, T3 the developing day low $85,040.1. R:R to T2 = 1,028.7 / 500.3 ≈ 2.06:1, clearing the 2:1 floor. T1 fraction raised to 0.30 as a named low-confidence adjustment: this is a counter-impulse fade inside a strong daily uptrend, so I bank more early and the stop goes to breakeven on T1.