$BTC Signal】1H Bearish Continuation, RSI Oversold Divergence


$BTC RSI 1H dropped to 29.81, MACD histogram converging negative but still below zero axis, 4H Bollinger lower band 58573 already broken, current price running below the lower band. Buy-side depth ratio 1.34 but price continues to decline, buying interest is weak. Funding rate 0.0039% neutral to low, no short squeeze signs. Short-term rebound is weak, bearish dominance clear.
🎯Direction: short
⚡Entry/Limit: 58122.907 - 58297.800
🛑Stop Loss: 58880.778
🚀Target 1: 57423.333
🚀Target 2: 56986.099
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.
4H MACD is still accelerating divergence, no obvious buying support after selling volume increased, current risk-reward ratio is suitable, shorting has decent value.
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