$BTC Signal | Short Position Setup: Rebound Meets Resistance + Deep Imbalance


$BTC RSI 1h 40.4, MACD Golden Cross but weak momentum; price is stuck below the 4H EMA20. The buy depth (Bid/Ask 7.86) looks thick, but in reality, orders are clustered in the 61500-61700 range. Sell pressure is dense above 62000-62300. Rebound volume keeps fading; the strength of the bids diverges from the price.
🎯Direction: short
⚡Entry/Order: 61506.92 - 61692.00
🛑Stop Loss: 62308.92
🚀Target 1: 60766.62
🚀Target 2: 60303.93
🛡️Trade Management: - Execute strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Depth Logic: The middle line of the 4H Bollinger Band at 62468 forms resistance. The funding rate at -0.0034% shows that short costs are low. The 1H rebound failed to hold effectively above 61800, and the speed at which short-term sell pressure is absorbed is slow. The shorting risk-reward ratio is acceptable, but be alert for fast bid price lifts that sweep stop losses—strict risk control is required.
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