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【$BTC Signal】short | 4H bearish suppression, 1H rebound near upper Bollinger Band
$BTC 1H RSI 54.5, MACD histogram has turned positive but the fast line is still below the zero line. 4H MACD negative bars are narrowing, but EMA20-50 death cross with bearish alignment. Sell-side depth accounts for 71.49%, with dense orders above 62200.
🎯Direction: short
⚡Entry/Limit: enter in the range 61568 - 61753
🛑Stop Loss: 62370
🚀Target 1: 60827
🚀Target 2: 60363
🛡️Trade Management: - Execution Strategy: Reduce position by 50% after reaching Target 1, and move stop loss to breakeven. If price falls back to the entry point, exit automatically to protect principal.
Deep Logic: Shorting under negative funding rate (-0.0013%) requires caution against short squeeze, but the 4H lower Bollinger Band is still at 59870, and the rebound near the 1H upper Bollinger Band encounters sell-side interception. Current risk-reward ratio is 1.5, which is acceptable. Light position trial.
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