BTC market snapshotBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.PJuliiaWe’ve reached a new high, and there’s still some room to grow — maybe up to 130K — but I’m maintaining a bearish bias and skipping long entries. 😱 Monthly timeframe divergence is getting stronger, signaling that the overall momentum is fading and the market is overheated. 😱 A rising wedge has formed — a classic trend reversal pattern. 😱 Recent data shows that smart money is selling while retail is buying (judging by gold charts, big players seem to be positioning there in anticipation of a dump). 😱 Social media sentiment is overheated, full of euphoria and belief in endless growth. 😱 The real chaos in the U.S. hasn’t even started yet — the economy is in trouble. 😱 There’s a strong imbalance in open interest.