【$BTCUSDT Signal】Bullish defense breached, bears strike back

$BTCUSDT 1H level buy order gap, after repeatedly testing around 68700, active buying power weakens. 4-hour MACD histogram begins to contract, while on the 1-hour chart, the price is near the upper Bollinger Band, but trading volume is shrinking, indicating insufficient upward momentum. The order book shows selling pressure is accumulating, with sparse orders above 68700.

🎯Direction: Short

⚡Entry/Order: Short directly near the current price of 68690

🛑Stop Loss: 69290

🚀Target 1: 67900

🚀Target 2: 67400

🛡️Trade Management:
- Execution strategy: After reaching the first target, reduce position by 50% and move the stop loss down to the entry level. Hold the remaining position for the second target; if the price rebounds near the entry level, exit all positions.

Position remains stable, but the funding rate is slightly negative, indicating that bullish leverage enthusiasm is not high. The 1-hour RSI around 61 shows signs of stalling, failing to strengthen in sync with new highs, indicating early momentum divergence. The area between 67900-68100 is a previous dense trading zone on the hourly chart and also the position of the 1-hour EMA50, which is expected to provide initial support. The current risk-reward ratio is close to 1:1, representing a high-risk game, so position size should be strictly controlled.

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‍#四月行情预测 #加密市场普遍上涨 #金银同步走强