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【$BTC】Short, 4H Top Divergence/Negative Funding Rate/Selling Pressure Intensifying
$BTC 4-hour MACD remains underwater, price bounces back but momentum histogram contracts, typical top divergence structure. Under negative funding rate, price is still suppressed below EMA20, bulls lack conviction to catch bids. Hourly chart buy-side depth imbalance, obvious selling pressure above, any bounce is a shorting opportunity.
🎯Direction: Short⚡Entry: 70700 - 70800🛡️Strategy: Batch take profits, prevent drawdowns🚀Targets: 69500 / 68200🛑Stop Loss: 71200
View Live Market 👇 $BTC
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