$BTC Signal】Bears continue, breakdown on the 1H accelerates


$BTC RSI 1H drops to 30, order book sell depth -33%, funding rate 0.01% neutral. The lower Bollinger band on the 4H has already been broken, and the MACD dead cross expanded in volume. The current price is only one step away from the 1H support at 61856; once it’s broken, the chance for a bullish counterattack will be slim.

🎯 Direction: short

⚡ Entry / limit orders: 61723.373 - 61909.100

🛑 Stop loss: 62528.191

🚀 Target 1: 60980.463

🚀 Target 2: 60516.145

🛡️ Trade management:
- Execution plan: After reaching target 1, reduce position by 50% and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.

Depth logic: 4H moving averages are in a bearish alignment, with the sell side stacking orders layer by layer. The 1H rebound lacks strength, and there’s no sign of funding support. R:R is 1.5; directly shorting at the current level still offers good risk-reward, but you must guard against a small rebound test of the stop loss after the market becomes oversold.

Check live market 👇 $BTC
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#PreIPOs第二期OpenAI认购 #百万充值补贴 #沃什听证会撞上CPI
BTC-1.50%
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