$BTC Short Setup: Technical Confluence and Risk ManagementBitcoin / TetherUSBINANCE:BTCUSDTTrader_GeminiBitcoin has reached a technical zone that offers a favorable risk-to-reward ratio for a short position. In accordance with mechanical trading principles, this setup is supported by the confluence of five technical indicators: 1. 0.382 Fibonacci retracement of the short-term impulse wave. 2. 0.382 Fibonacci retracement of the entire macro downward wave. 3. Volume Profile POC (Point of Control) formed between February and May of this year. 4. Intersection of the descending channel (red) and ascending channel (green). 5. ABC wave proportion (BC projection target relative to wave A). However, this setup comes with specific macro and structural variables that require strict risk management. First, the macro environment. Although price recently broke below the previous low, current macro factors—such as strong US equities and declining oil prices—are creating a favorable environment for risk-on assets. A bullish continuation cannot be ruled out. Second, the FVG (Fair Value Gap) risk. The recent drop occurred rapidly with very little volume traded. If the current resistance level is broken to the upside, there is a lack of significant historical resistance above, meaning price could move up through this gap with minimal friction. Strategy: This short strategy is not intended for a long-term hold. The focus is strictly on risk management. A predefined stop-loss is mandatory to cut risk immediately upon an upward breakout. If the expected downward retracement occurs, I will mechanically take partial profits to secure the position's stability. Further updates on partial take-profit levels and reactions will follow.