【$BTC Signal】Short: 1H rebound blocked, 4H downtrend continues

$BTC RSI 36.94, MACD 4H histogram continues to shrink, bearish momentum not fully released. The 1H rebound near EMA20 was pushed back, buying sentiment sharply dropped from 0.60 to 0.41, indicating waning enthusiasm for chasing longs at high levels.

🎯Direction: short

⚡Entry/Order: 62610.60 - 62799.00

🛑Stop Loss: 64262.38

🚀Target 1: 60603.93

🚀Target 2: 59506.40

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

Deep logic: OI remains stable while price declines, indicating bearish positions are accumulating rather than exiting. The 4H lower Bollinger Band at 62273 has not been touched yet, room remains. Funding rate at 0.004% is relatively low, with no short-term short squeeze risk. Although the 1H MACD shows a golden cross, the histogram is shrinking, indicating rebound momentum is waning. Subjective judgment: current risk-reward ratio is 1.5, support below is weak, and a break below 62300 will accelerate the decline.
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