$BTC Signal】Short-term pullback | 1H decline continues, MACD bearish momentum spreads


$BTC Depth imbalance is 0.02; buy-side liquidity is nearly exhausted. The 1H MACD histogram at -71.8 continues to expand. In 4H, the lower Bollinger band at 63407 has been broken, with price tracking along the lower band. RSI on 1H falls to 33.89, with no signs of bullish divergence. The funding rate is 0.0044% and not overheated, but sell walls are severe and any rebound strength is extremely weak.
🎯 Direction: short
⚡ Entry/Limit order: 63257 (pick within the range, place just below 63300)
🛑 Stop-loss: 63966.633
🚀 Target 1: 62383.301
🚀 Target 2: 61908.301
🛡️ Trade management:
- Execution strategy: After reaching Target 1, cut 50%, and move the stop-loss up to the break-even level. If price falls back to the entry level, automatically exit to protect principal.
From the current order book, bearish momentum has not yet fully exhausted, but MA50 support below is around 63164. If there is a sharp dump to this level followed by a quick rebound, watch for short-covering. For execution, try shorting with light position sizing; set a stop-loss that’s sufficient.
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