$BTC Signal: 1H breakdown downward, bearish pressure persists


$BTC 1H consecutive bearish candlesticks breaking down, lows continuously declining, sell-side depth significantly dominant. 4H Bollinger Band lower band broken, MACD histogram negative values accelerating expansion, bearish momentum is being released. RSI(1H) dropped to around 31, close to oversold but no stop-fall signal seen, order book shows dense resistance for rebounds.

🎯Direction: Short

⚡Entry/Pending Order: Enter pending order in range 61477.812 - 61662.800

🛑Stop Loss: 62279.428

🚀Target 1: 60737.858

🚀Target 2: 60275.387

🛡️Trade Management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect principal.

Current net funding rate is only 0.0057%, long position holding cost is extremely low but price continues to weaken, indicating declining buy-side support. OI stable, short position additions have not triggered large-scale liquidations, this kind of gradual decline structure often has continuity. Risk-reward ratio 1.5, stop loss range about 1%, suitable for short-term trading.

View real-time quotes 👇 $BTC
---
Follow me: Get more crypto market real-time analysis and insights!
#GUSD年化升至3.8% $BTC $ETH $SOL
BTC-2.83%
GUSD-0.03%
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