$BTC Short Signal】Rebound to the upper boundary for short entry


$BTC 4H MACD bearish histogram continues to shrink to -12.9, 1H Bollinger Bands narrow to 78,443-77,891 range, with only 150 points between upper and lower bands. Bid/Ask depth ratio of 6.2 indicates heavy buying pressure below, but price has failed to break through the 4H midline at 79,054, with volume gradually decreasing to 865 units/hour. Funding rate remains at -0.0035%, continuously negative, indicating low cost for short positions. Daily RSI is at 39.6, in a weak zone, lacking upward momentum in the short term. Current price at 78,151 is oscillating near the 1H midline, with a direction decision imminent. Profit and loss ratio assessment: dense selling pressure around 79,500-79,800, strong buy support near 77,800, but a break below the 1H lower band could accelerate downward movement. Strategy: Wait for price to rebound to the upper boundary of the range before entering short positions, aiming to capture pullback profits.
🎯Direction: Short (Pending order)
⚡Entry/Pending order: 79,894.5
🛑Stop loss: 80,533.6
🚀Target 1: 78,616.2
🚀Target 2: 77,977.0
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even (entry price). If price falls back to entry level, automatically exit to protect principal. Strictly enforce stop loss if triggered, no holding through losses.
Depth logic: 4H RSI at 39.6 indicates medium-term weakness, 1H RSI at 47.4 is neutral to weak. MACD shows a bullish crossover on 1H but momentum is waning, with obvious volume-price divergence. Bulls lack subsequent capital support, and selling pressure persists at the 4H midline. Pending orders placed at the upper boundary of the range, waiting for market confirmation.
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