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$BTC Signal: Bearish continuation + 4H bearish momentum not exhausted
$BTC Current RSI 23.94, 4H MACD histogram -237.4 and continues to expand. 1H buy depth 0.43, heavy sell orders, rebound is weak.
🎯Direction: Short
⚡Entry/Order: 70691.00 (current price), or order zone 70478.93-70691.00, prioritize sniping at current price.
🛑Stop loss: 71807.76
🚀Target 1: 69015.86
🚀Target 2: 68178.29
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to entry position. If price falls below entry price, actively exit.
No effective support formed in oversold area, funding rate 0.01% normal, bearish dominance temporarily difficult to reverse, short-term rebound is an opportunity to add to short positions.
Check real-time market 👇 $BTC
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