【$BTC Signal】Bearish continuation, rebound to be shorted

$BTC 1H Bollinger lower band briefly pierced near 78740 then rebounded, 4H MACD histogram narrows with negative values but fast and slow lines still diverge at low levels. Funding rate data is missing, but the depth buy-sell ratio of 1.31 indicates seller dominance. The current price of 79600 is just below the 4H MA20 (80799), limiting the rebound potential. I personally prefer to wait for resistance at higher levels before re-entering, with a risk-reward ratio of 2.0 making it worthwhile.

🎯Direction: Short

⚡Entry/Order: 80671.0

🛑Stop Loss: 81316.3

🚀Target 1: 79380.2

🚀Target 2: 78734.9

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price rebounds and breaks above the entry price, automatically exit to protect capital.

1H RSI 40.06, a rebound near 80671 will approach the 1H EMA50 (80480), where resistance is strong. The 4H Bollinger bands are tightening, and MACD bottom divergence is unconfirmed, so the bearish trend remains unchanged. A rebound is an opportunity to add to short positions.

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