$BTC Signal: Bears dominate; 1H Bollinger Bands break below and confirm


$BTC After the 4H lower band $BTC
63023 was broken, the rebound lacked momentum. The MACD green histogram keeps expanding, and bearish momentum has not eased. On the 1H chart, the buy order ratio is only 0.19, meaning buy pressure is extremely weak. The price rebounded to 63064, but immediately met resistance. Funding rate is 0.0032% and positive, but OI stays stable, showing a lack of willingness from bulls to resist. The current risk-reward is acceptable, and the bearish-dominant pattern is clear.

🎯Direction: short

⚡Entry/Orders: short directly around 63064.4, or place orders in the range 62901.551-63064.400

🛑Stop Loss: 63695.044

🚀Target 1: 62118.434

🚀Target 2: 61645.451

🛡️Trade Management:
- Execute the plan: when reaching target 1, cut 50%, and move the stop loss up to breakeven. If the price drops back to the entry level, exit automatically to protect principal.

Both the 1H MACD fast and slow lines are below the zero axis and the divergence keeps widening, showing a clear weakness. The rebound height didn’t even touch EMA20. The lower Bollinger band at 62399 has not been reached yet, so there is still some room downward. With continued bearish pressure, entering in line with the trend offers a higher chance of success.

Check live price 👇 $BTC ---
Follow me: Get more real-time crypto market analysis and insights! $ETH $SOL #PreIPOs第二期OpenAI认购
#百万充值补贴 #沃什听证会撞上CPI
BTC-1.71%
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