$BTC 4/7 Bitcoin Evening Analysis


Bearish dominance, mainly shorting on rebounds
Main direction: Short-term turning bearish, weakening structure, shorting on rebounds, cautious low buying
✅ Short positions (main)
Entry: 68600–68900 in batches (4-hour mid-band resistance + intraday rebound pressure zone)
Target: 67500–67000 (previous support + lower Bollinger Band), break below to watch 66500
Stop loss: 69300 (break above previous high, invalidating bearish structure, strict stop loss)
✅ Low buy (auxiliary, very small position)
Entry: 67000–67300 stabilize then buy more (strong support zone, only trading oversold rebounds)

Target: 67800–68200 (quick in and out, no holding)
Stop loss: 66500 (abandon long if broken)
Technical logic:
1. 4-hour MACD death cross, green bars expanding, price breaks below the middle Bollinger Band, short-term bearish structure fully established, previous oscillation bullish bias invalidated.
2. 1-hour continues downward, RSI oversold but no sign of stabilization, bearish momentum still has room to release.
3. Intraday net outflow exceeds $145 million, bulls unable to absorb, evening likely to continue downward, strictly avoid chasing highs and holding positions.
4. 67000 is a strong previous support; if broken, it will open larger downside space. Low buy positions are only suitable for ultra-short-term trading.
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BTC3,96%
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