$BTC Signal: 4H Bollinger lower band broken, bearish continuation


$BTC 0.21 buy depth ratio, selling pressure dominates the market. 1H MACD histogram continues to expand, bearish momentum not exhausted. 4H Bollinger lower band 59236 has been lost, price running outside the channel, opening expansion accelerating. RSI 1H 38.68, still hovering in weak zone, rebound extremely weak.
🎯Direction: short
⚡Entry/Pending order: 59114.922 - 59292.800
🛑Stop loss: 60218.900
🚀Target 1: 57903.650
🚀Target 2: 57209.075
🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry, automatically exit to protect principal.
Funding rate 0.0045% is low, no short squeeze signal, short holding sentiment stable. Order book accumulation near 59200, but after execution, buy depth immediately breaks, rebound resistance significant. Current risk-reward ratio 1.5, defense space ample.
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