Why I'm positioning for a short trade right now

The upside move we've seen lacks real conviction—volume dried up during the entire rally, which screams pump mechanics designed to trap shorts. That's a red flag.

Liquidity landscape tells the story too. The biggest liquidation clusters are stacked on the downside, meaning a momentum reversal would cascade quickly. Market makers know this.

On the fundamental side, headwinds are building. The thesis supporting higher prices isn't holding up under scrutiny.

Technically, lower timeframes are flashing overbought signals across multiple indicators. Extended positions are stretched, and mean reversion setups are forming. When you combine thin volume during a rally with extreme RSI readings and overhead resistance, the risk-reward tilts bearish.

The setup feels ripe for a pullback—or worse.