$BTC Signal】Bearish trend continues; 1H Bollinger Band lower rail breaks through


$BTC RSI 1H drops to 28.86, and the 4H Bollinger Band lower rail 64757 is broken through by body. Sell-side depth ratio is 59%, and capital continues to flow out. MACD dual-cycle bearish momentum is spreading, with no signs of weakening.

🎯 Direction: short

⚡ Entry / orders: 64563.40 - 64734.00

🛑 Stop loss: 65381.34

🚀 Target 1: 63762.99

🚀 Target 2: 63277.48

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

OI is stable but the funding rate at 0.0071% is relatively low. Shorts are not overly crowded, and downside room remains. In this sell-off, bid/accumulation willingness is weak; rebounds have little strength, so following the trend to short offers a reasonable risk-reward.

Check live market 👇 $BTC
---
Follow me: Get more real-time crypto market analysis and insights!
#Gate事件合约首发狂欢 #夏日创作营 #GOOGL财报亮眼但盘后跌超3% $BTC $ETH $SOL
BTC-1.85%
GOOGL-6.19%
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