BTC/USD: Is This Bullish Trend Overdone? My Intraday Short Setup

The buzz around Bitcoin remains overwhelmingly bullish, with the asset currently trading at 81219, up about 0.428% in the last 24 hours. The day's range has seen a push from 79594.62 to 82843.38, certainly painting a picture of upward momentum. However, my data-driven approach suggests we might be seeing an overcrowded trade, setting the stage for a contrarian intraday play.

Technical Read: Resistance & Exhaustion

Looking at the charts, we are currently dancing around significant intraday resistance levels. The immediate resistance at 81250 and 81300 is proving sticky, with the price action hovering just below these points. While the broader trend is labeled bullish