BTC Short Setup — Rally Into Sell Zone With HTF Bearish Bias IntBitcoin / US DollarCOINBASE:BTCUSDedawgtradesBitcoin has been grinding lower across all timeframes and this 1H chart is showing exactly the kind of bounce into resistance that bears want to see. After the sharp flush on June 18 that broke structure cleanly to the downside, price has been slowly crawling back up and is now pushing directly into the 63,650–64,380 sell zone — a level that was previously support and has now flipped to resistance. This is not a recovery, this is a retest, and all the higher timeframes are confirming that the overall trend is still pointed downward with EMAs sloping bearishly and price trading below all key moving averages on the daily and above. What makes this interesting right now is that the 1H MACD is starting to curl upward and RSI has climbed to 58, which means the bounce has some short term momentum behind it. That is actually what you want to see before a short setup — you want price to push into resistance with some energy so that the rejection, if it comes, is clean and meaningful. A weak drift into resistance with no momentum is harder to trade. This rally has enough juice to tag the zone properly before potentially rolling over. The macro backdrop remains heavy. The Fed left rates unchanged but signaled that higher rates could be coming later in 2026, with rate cuts essentially off the table, and a strengthening dollar continues to pressure risk assets like crypto. ETF outflows have been persistent with nearly $90 million leaving on Thursday alone, and the Fear and Greed Index is sitting at extreme fear levels of 15 out of 100. None of these conditions support a sustained reversal. Yahoo FinanceSubstack The sell zone between 63,650 and 64,380 is the area to watch. If price reaches that zone and starts showing rejection signals on the lower timeframes — bearish candle patterns, momentum fading, or a failed push through — that is where a short setup could develop with a target back down toward 62,161. No position is being forced here, but the structure, the macro, and the higher timeframe trend are all aligned bearishly and this bounce looks like an opportunity rather than a reversal. Not financial advice. For educational purposes only.