Bearish Outlook: Corrective Rally Nearing CompletionBitcoin / TetherUS PERPETUAL CONTRACTBINANCE:BTCUSDT.Ppatrao_cristovaoIn my view, we are approaching the final stages of this upward move, presenting an excellent risk-to-reward ratio for a short position. Regardless of the Elliott Wave count you prefer—be it a WXY, ABC, or ABCDE triangle—it is clear that the current price action is corrective in nature. I have identified two potential entry points to scale in and build an average cost position. Stop-loss placement is subjective and will depend on your individual risk management and leverage. I will update this post in a few months to see how the setup plays out...