Strategy just got approval to sell up to $5 billion of its Bitcoin holdings.
This puts short-term pressure on BTC price as markets absorb potential new supply.
Crypto-exposed stocks and Bitcoin proxies could see volatility if selling begins.
Traders may watch for dip-buying levels or rotation into altcoins.
📊 Names this could move (live scan):
$RIOT $20.17 [4] — projected bullish flip ~5 bars out (2026-08-03 12:30)
$HOOD $86.56 [3] — TRENDING-DOWN (ADX 23.6)
$MSTR $93.28 [1] — momentum up (MACD+RSI)
$COIN $146.26 [1] — momentum down (MACD+RSI)
$MARA $11.32 [1] — momentum down (MACD+RSI)
$CLSK $13.76 [0] — CHOP
🎯 Cleanest setup — $HOOD SELL:
SHORT — buy puts or short shares on the BOUNCE (patience — let it come to you)
Entry: the bounce INTO the bear pocket 102.15–103.65 — not down here
Target 76.9
Stop above 110.02 (reclaiming the pocket)
Puts: ~$103 strike, ~monthly (4–6 wks out) — that's at-the-money AT the pocket entry, not at today's price. Wait for the bounce; the pocket alert fires when it tags.
📲 @nxtlvltech · educational, not advice
In plain English: Wait for the price to rise back up to $102.15–$103.65 before entering the short trade.