$BTC Signal | Bearish Trend | Oversold Rebound Lacks Strength


$BTC RSI 29.03, Deep Imbalance -84.93%, Buying orders are extremely weak. The 1H Bollinger Band lower band around 73894 provides short-term support, but the 4H MACD histogram continues to expand, indicating ongoing bearish momentum. The small-scale rebound is limited, with heavy selling pressure above 74100.

🎯Direction: short

⚡Entry/Order: 74016.981 - 74239.700

🛑Stop Loss: 75484.271

🚀Target 1: 72372.843

🚀Target 2: 71439.414

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

The 4H Bollinger middle band at 76307 and EMA50 form resistance, and although the 1H MACD shows some contraction, it lacks volume support. Multiple tests of lower support show decreasing buying strength, making it highly likely that the bears will continue to dominate. This is a high risk-reward trade worth participating in.

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