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【$BTC Signal】Lower band game, sniping rebound
$BTC 1H level repeatedly tests near the Bollinger lower band, buying depth imbalance reaches -33.9%, and short orders clearly dominate.
4H MACD histogram contracts, bearish momentum weakens, but price is suppressed below EMA20.
1H MACD shows a golden cross prototype, histogram begins to expand.
At this position, the risk-reward ratio is good, making it worth taking a limited risk to gamble on a bullish rebound.
Price can directly go long within the range of 70592.9 to 70971.1.
Defense must be set at 70027.0, and if broken, admit defeat.
First target is 72859.2, second target is 73803.3.
After reaching the first target, cut half of the position, and the remaining to protect capital.
If the price retraces to the cost basis, exit all positions unconditionally.
Order book data reveals the shorts' urgency, but the 1H divergence and funding rate turning negative give bulls a window for a counterattack.
Position volume remains stable, with no signs of panic selling, and in this environment, a quick short squeeze rebound is entirely possible.
Check real-time market 👇 $BTC
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