Bearish Short Position on BTC/USDT with Multiple Targets

The trading view suggests a short position on BTC/USDT within the entry zone of $104,500 to $104,800. The stop loss is set at $105,911, aiming to limit potential losses. Multiple take profit targets are outlined at decreasing price levels: $103,200, $102,200, $101,200, $100,000, and $98,900, indicating an expectation of further downward movement. The suggested leverage ranges from 10× to 30×, with a recommended capital risk of 3% to 5%, emphasizing cautious trading. This analysis reflects a bearish outlook with several profit-taking points, supporting a short-sell strategy based on technical or market indicators. However, traders should be aware of the high leverage and inherent risk involved in such trades, especially considering the significant price levels and the potential for sudden market reversals.