$BTC Signal: 4H bearish momentum continues, 1H breaks down and chases short


$BTC Price 65165. The 4H MACD histogram -186.6 keeps expanding, and the bearish momentum hasn’t been fully released. On 1H, MACD double lines -270/-247 form a death cross below the zero line; rebounds lack strength. RSI_1h 45. Buy-side depth is higher than 1.30, but sell orders are densely stacked above 65176, indicating insufficient willingness among bulls to chase higher prices.

🎯Direction: short

⚡Entry/Orders: 65000.705 - 65165.300

🛑Stop loss: 65816.953

🚀Target 1: 64187.820

🚀Target 2: 63699.081

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

Funding rate 0.01% is low, but the spot premium isn’t extreme, so bearish positions can still be played. Market sentiment is cautious; watch for a support test around 64600.

Check live quotes 👇 $BTC
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