$BTC Signal】Weak rebound, Bearish sniper


The 1H level rebound stopped abruptly above 69,000, with a deep gap in buying volume. The 4H MACD histogram continues to shrink, and the price is suppressed below the middle band of the Bollinger Bands, indicating that the bullish reversal momentum is exhausted. Market data shows that sell orders are stacked above 69,034, and there is very little active buying interest.

🎯Direction: Short

⚡Entry: Short immediately at the current price around 69,030, or buy in batches on a rebound to the 69,080-69,120 range.

🛑Stop Loss: 69,250

🚀Target 1: 68,200

🚀Target 2: 67,700

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the remaining stop loss down to the entry level. If the price rebounds and breaks above 69,080 and stabilizes, consider exiting early.

The 4-hour volume did not effectively increase during the price rally, indicating a volume-less rebound. Open interest remains stable with no new bullish funds entering. The 1-hour RSI hovers around 55, lacking upward momentum. Combined with the selling pressure in the order book, this position offers a favorable risk-reward ratio, favoring the bears.

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YuZhongHerovip
· 42m ago
Are you kidding? Just look at what's happening now.
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MAhFavip
· 2h ago
Did you do it yourself?
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