$BTC Short-term signal: Selling pressure dominates, continue to short


$BTC 1H broke below 62600 with no rebound, 4H Bollinger Bands remain open downward, selling pressure depth ratio is 0.25, hitting a 24-hour low, bearish dominance is undisputed.

🎯Direction: short

⚡Entry/Order: 62404.722 - 62592.500

🛑Stop loss: 63218.425

🚀Target 1: 61653.612

🚀Target 2: 61184.169

🛡️Trade management:
- Execution strategy: Reduce position by 50% after reaching Target 1, and move stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Depth logic: 4H RSI at 24.9 is already in deep oversold territory, but buying has not followed through, instead selling pressure continues to strengthen. Funding rate approaching zero indicates leveraged longs have been wiped out, further downside potential remains. Blindly bottom-fishing here is not advisable; the bearish structure is intact, and it’s more reasonable to wait for a second bottom.

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