$BTC Signal】1H bears continue, short on bounce


$BTC RSI on 1H has hit 30.81, bid depth ratio only 0.34, active sell orders overwhelm bounce. 4H MACD green bars continue to expand, bears accelerate selling, no bottoming pattern.

🎯Direction: short

⚡Entry/Limit order: 58642.344 - 58818.800

🛑Stop loss: 59406.988

🚀Target 1: 57936.518

🚀Target 2: 57495.377

🛡️Trade Management:
- Execution strategy: After reaching target 1, reduce position by 50% and move stop loss to break-even. If price falls back to entry, exit automatically to protect principal.

(In-depth logic: 4H Bollinger lower band 59009 has been broken, but price is repeatedly testing around 58818. Sellers keep lowering price but buying interest is very weak. This low-level consolidation is usually not a bottom, but a second acceleration after bulls' failed resistance. 1H recent 3 candlesticks show continuous shrinking buying volume. Bounce cannot hold above 59400, confirming bears in control.)

View real-time market 👇 $BTC
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#0成本拿2股SK海力士 #Gate完成141只股票股息派发 #预测世界杯法国VS瑞典
BTC-0.94%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned