【$BTCUSDT】This wave of data is off, deep breakdown

$BTC broke through, don't have false hope. During regular intraday fluctuation period, price has broken below EMA20 and EMA50 dual moving average support, Bollinger Bands lower rail 68744 has been pierced. 4-hour level MACD top divergence confirmed, upside momentum exhausted, histogram continues to expand. Buy-side depth severely imbalanced, sell orders are more than 3 times the buy orders, capital support intention is weak. RSI dropped to 34, bears dominate short-term pace.

Direction: Short
Entry/Pending Order: Short directly near current price 68760, or add position at 69000-69200 zone on rebound
Stop Loss: Above 69550
Target 1: 67800
Target 2: 67000
Trade Management: Push to breakeven after reaching first target, remaining position to chase deep pullback. Under this structure, risk-reward ratio exceeds 3:1, worth using smaller risk to bet on bears continuation.
View real-time chart 👇 $BTC
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡