$BTC


The 1-hour chart shows consecutive bearish candlesticks breaking downward, with the price continuously hitting new lows. The sell-side depth on the order book clearly dominates. The 4-hour Bollinger Band lower band has been effectively breached, and the MACD histogram bars continue to accelerate and expand negatively, releasing persistent bearish momentum. The 1-hour RSI has dropped to the 31 area, approaching the oversold threshold, but the chart shows no signs of stabilization or a bottom formation.

BTC: Short at 61900 - 62000, target: 60900-60500
BTC-3.06%
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AirdropJanitor
· 2h ago
RSI is at 31, let's wait and see if there's a rebound.
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GateUser-ecded933
· 2h ago
Both the lower rail on the 4-hour chart has been broken—this wave of bears is truly fierce. The short-order target was set quite conservatively.
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