$BTC Signal: Short position, rebound encounters resistance

$BTC RSI 1H 26.49, sideways in oversold zone, 4H MACD histogram continues to expand bearish momentum. Price rebounds to around 78,100, just hitting the 4H EMA50 resistance zone, selling pressure is concentrated. Although buy order depth is as high as 79%, it cannot effectively push through, with dense sell orders stacked at high levels.

🎯Direction: Short

⚡Entry/Order: 78,118.1

🛑Stop Loss: 78,743.1

🚀Target 1: 76,868.2

🚀Target 2: 76,243.3

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss down to the entry price. If the price rebounds and breaks the stop loss, exit immediately to control losses.

Depth Logic: The middle band of the 4H Bollinger Bands and EMA50 resonate as resistance around 77,700-77,900. The current price has pierced this zone but closed with a long upper shadow, indicating clear selling pressure. The 1H funding rate remains low, with no short squeeze risk. The current risk-reward ratio is about 1:2. Although in oversold territory, bearish momentum has not exhausted, suggesting a potential second bottom.

Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#TradFi交易分享挑战 #PlatinumCard作者专属 #Polymarket每日热点