$BTC Short Squeeze: 4H selling pressure persists, rebound is weak


$BTC The 4H buying ratio has been below 0.5 for two consecutive periods, latest quote at 62075.7, with resistance formed above the 1H Bollinger middle band at 62458. RSI 1H is 44.07, MACD histogram shrinking but still below zero. Market depth -46.73%, significant sell order accumulation. Rebound highs are gradually lowering, rebound momentum decreasing.
🎯Direction: short
⚡Entry/Order: 61889.473 - 62075.700
🛑Stop Loss: 62696.457
🚀Target 1: 61144.565
🚀Target 2: 60678.997
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Although the 4H MACD shows a golden cross, the fast and slow lines are still below zero, indicating limited rebound strength. Current risk-reward ratio is about 1.5:1, with clear and manageable stop loss. Funding rate at 0.0049% is relatively low, no extreme short squeeze signals. Rebound is being suppressed near the MA20, with a complete bearish logic.
View real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate直通IPO认购SpaceX #Strategy低位加仓1550枚BTC #美股AI概念股普涨
BTC1.15%
ETH0.24%
SOL0.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned