$BTC Signal】Shorts apply pressure; a break below the 1H Bollinger lower band is imminent


$BTC Deep imbalance -59.8%; sell orders keep stacking. The 1H MACD histogram shrinks, but the 4H short-side momentum is still expanding. Price is hugging the 1H Bollinger lower band, and rebounds lack strength. RSI is in a low zone, but no divergence has formed; shorts control the rhythm.
🎯 Direction: short
⚡ Entry / pending orders: 63207.689 - 63387.700
🛑 Stop loss: 64021.577
🚀 Target 1: 62436.885
🚀 Target 2: 61961.477
🛡️ Trade management:
- Execute the strategy: after reaching Target 1, reduce position by 50%, and move the stop loss up to breakeven. If price falls back to the entry range, automatically exit to protect principal.
Even though the funding rate is negative, with sell pressure dominant the probability of a downward squeeze is relatively low; the current risk-reward ratio of 1.5 is still acceptable.
View live market 👇 $BTC
---
Follow me: for more real-time crypto market analysis and insights!
#长鑫开盘跌7.7% #GateCard消费返现最高8% $BTC $ETH $SOL
BTC-2.10%
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