【$BTC Signal】Bearish sniper, second dip after failed rebound

$BTC 1H rebound was quickly suppressed above 69000, with a severe imbalance in buy orders; sell orders are over 86 times the buy orders. After the 4-hour MACD death cross, it continues to diverge downward, with the price breaking below the middle band of the Bollinger and moving into the lower half.
🎯Direction: Short
⚡Entry: Enter in batches around 68321 - 68445
🛑Stop Loss: 69300
🚀Target 1: 67270
🚀Target 2: 66500
🛡️Trade Management:
- Execution Strategy: After reaching the first target, halve the position; move the stop loss of the remaining position down to the entry price. If the price rebounds and reclaims above 69000, the bearish structure is broken, and it’s time to exit and observe.
Open interest remains stable, but the price continues to decline, a typical sign of bearish control. The 1-hour RSI hovers around 38, lacking effective rebound momentum; each small rally is quickly absorbed by selling pressure. The 4-hour timeframe has formed a clear downtrend channel, with the current price testing the lower support of the channel. If it breaks below 68300, the downside space will open. The risk-reward ratio exceeds 1:3, making this trade worth a try.
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