$BTC Signal】Short | 4H descending channel + 1H weak rebound


$BTC Funding rate 0.0015%, buy-side depth ratio 64.9% but price failed to break previous high, 4H MACD histogram shrinking but still negative, 1H MACD golden cross but volume declining. Current price 60772 is between the 4H Bollinger middle band (62819) and lower band (60031), after rebounding to 61256 it quickly fell back, showing clear overhead selling pressure.
🎯Direction: short
⚡Entry/Limit order: 60590.083 - 60772.400
🛑Stop loss: 61380.124
🚀Target 1: 59860.814
🚀Target 2: 59405.021
🛡️ Trade management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, exit automatically to protect principal.
Deep logic: 4H Bollinger Bands opening downward, middle band has turned down, rebound is suppressed by EMA50 (63136). 1H RSI (42) not oversold, rebound room limited. Although buy-side depth is thick, price failed to hold 61000 effectively, indicating passive limit orders are absorbing while active buying is insufficient. Current risk-reward ratio is about 1.5, worth betting on breaking below the psychological level of 60000.
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BTC-1.54%
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