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$BTC The 1H rebound failed, and 4H shorts continue
$BTC The 4H MACD histogram keeps declining, and the short momentum shows no signs of exhaustion. The 1H rebound to around the EMA50 was met with sell pressure; buyer volume weakened, and the price dropped quickly. Support around 62,500 is fragile, with sparse orders on the order book, and selling pressure holds the advantage.
🎯Direction: short
⚡Entry/limit orders: 62,558 - 62,388.92
🛑Stop loss: 63,183.58
🚀Target 1: 61,619.63
🚀Target 2: 61,150.44
🛡️Trade management:
- Execution strategy: When Target 1 is reached, cut position by 50% and move the stop loss up to the breakeven level. If the price falls back to the entry level, automatically exit to protect principal.
Deep rationale: The 1H RSI at 31.18 is close to the oversold zone, but the rebound strength is extremely weak, and capital has not yet entered to absorb. The 4H short setup is clear; with the current risk-reward ratio still acceptable, the short-term bias is to keep probing lower.
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