$BTC Signal】Downtrend continues as the lower Bollinger Band is broken


$BTC Depth imbalance -95%, with sell orders fully dominating. The 4H lower Bollinger Band at 64153 has already been pierced, and the short positions are clearly aligned. The 1H MACD dead cross has tightened, but the price has not shown an effective rebound. RSI (1H) is 33.44, in the oversold zone, but capital refuses to step in to support.
🎯 Direction: short
⚡ Entry/Orders: 63951.196 - 64135.700
🛑 Stop loss: 64777.057
🚀 Target 1: 63173.664
🚀 Target 2: 62692.647
🛡️ Trade management:
- Execute strategy: After reaching Target 1, cut 50% of the position and move the stop loss up to the breakeven level. If the price falls back to the entry area, automatically exit to protect principal.
Current risk-reward is 1.5. It’s favorable, but keep an eye on potential technical rebounds after oversold conditions. With the structure remaining bearish, manage the position calmly.
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