$BTC Signal】Bearish momentum continues, 1H Bollinger Bands open and press downward


$BTC 63370-63570 tight range consolidation, bid depth ratio 0.61, with sell pressure holding an absolute advantage. Although 4H MACD closes in negative bars with contraction, the price failed to reclaim above EMA20, leaving rebounds weak. 1H RSI 37.29, funding rate 0.0052% is acceptable, but OI remains stable and no liquidation squeeze signal appears. The 4H Bollinger middle band at 64370 forms a strong resistance, with price continuously capped by it.
🎯 Direction: short
⚡ Entry/Orders: 63292.204 - 63472.800
🛑 Stop loss: 64107.528
🚀 Target 1: 62520.708
🚀 Target 2: 62044.662
🛡️ Trade management:
- Execution plan: After reaching target 1, reduce position by 50% and move the stop loss up to the break-even level. If price drops back to the entry area, automatically exit to protect principal.
The short structure is intact; lows keep being tested but there’s no active buyer support. Current risk-reward ratio is about 1.5, worth a play.
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