On the #比特币对比代币化黄金 4-hour chart, the bearish trend is obvious. The price has formed a series of lower highs and was strongly rejected at the supply zone near 6.096. This failed breakout confirms one thing: sellers still control the market structure. The current price rebound is merely a technical retracement after the recent wave of decline.

This trading signal actually comes from a smaller time frame. The price failed to recover higher levels, indicating that the RSI on the 1-hour chart is likely to be rejected at the 50 midline—this means bullish momentum has faded and bears have regained control. More importantly, the price is now running below several key moving averages, which are acting as dynamic resistance and further strengthening the bearish bias.

Opening a short position now has a high probability of success for a simple reason: following the dominant bearish trend and momentum, and entering after a confirmed pullback at a key resistance zone. The expectation is that the price will continue to decline until it reaches the next significant demand area.

Trade Setup (Short)
Entry: 5.554 market price
Take Profit 1: 5.239
Take Profit 2: 4.924
Stop Loss: 5.764

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