$BTC Signal】Bearish dominance, 1H rebound blocked


$BTC RSI 1H drops below 31.67, buy order depth only 34%, selling pressure continues to suppress. 4H MACD histogram shows contraction, but fast and slow lines are deeply below zero, Bollinger Band middle line at 69878 forms a strong resistance. Price rebounds to EMA20 but is immediately pushed back by dense sell orders, current price is consolidating narrowly between 65738-65936.
🎯Direction: short
⚡Entry/Order: Short in batches within the 65738 - 65936 range
🛑Stop loss: 66595.36
🚀Target 1: 64946.96
🚀Target 2: 64452.44
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss to break even. If it breaks below Target 2, hold some positions to seek greater space.
Order book sell orders pile up above 66000, bulls lack proactive buying. 1H Bollinger Bands have narrowed and are opening downward, increasing the probability of a second bottom. Left-side short positions are embedded, with clear stop loss, profit/loss ratio above 1.5, worth trying.
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BTC-2.86%
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