$BTC Signal: Bearish continuation, Bollinger Band lower band shows weakness with a pin-like pattern


$BTC Funding rate 0.008%, positive but relatively low, indicating bears are not crowded yet. The 4H MACD green bars continue to expand, selling pressure remains. The 1H Bollinger Band lower band at 62480 was broken and rebounded to 62680, with buy depth only at 0.01, very weak support. RSI 1H at 32.5, not yet in oversold territory, with room to decline further.

🎯Direction: short

⚡Entry/Order: 62500 - 62687

🛑Stop loss: 64212

🚀Target 1: 60400

🚀Target 2: 59257

🛡️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.

Bearish momentum is still being released, with selling pressure testing near the intraday rebound high of around 62700. This short position has a risk-reward ratio of over 1.5, enough to cover volatility costs.
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