$BTC Price is repeatedly testing near the lower Bollinger Band, with RSI dropping to 33, and bearish momentum seemingly dominant. However, the 4-hour MACD histogram is narrowing in the negative zone, showing signs of bearish momentum exhaustion. During normal market fluctuation periods, the bid-ask depth is severely imbalanced, with a massive sell order of 13.7 BTC accumulated at the ask price of 67892, while buy-side depth is thin. Large holders are quietly accumulating positions; this order structure looks more like using thin buy depth to create panic. Open interest remains stable, and the price decline has not triggered large-scale liquidations, indicating funds have not truly left the market. Near the current price of 67850, you can try light long positions with strict stops placed below 66650. First target at 71300, then 73150 after breaking through. This trade has a risk-reward ratio exceeding 4:1, worthy of taking limited risk to gamble on a rebound after the bearish trap. Scale in gradually, move stops to breakeven. Check real-time charts 👇 $BTC --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL #Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
【$BTCUSDT】Long and Short Battle Intensifies
$BTC Price is repeatedly testing near the lower Bollinger Band, with RSI dropping to 33, and bearish momentum seemingly dominant. However, the 4-hour MACD histogram is narrowing in the negative zone, showing signs of bearish momentum exhaustion. During normal market fluctuation periods, the bid-ask depth is severely imbalanced, with a massive sell order of 13.7 BTC accumulated at the ask price of 67892, while buy-side depth is thin. Large holders are quietly accumulating positions; this order structure looks more like using thin buy depth to create panic. Open interest remains stable, and the price decline has not triggered large-scale liquidations, indicating funds have not truly left the market.
Near the current price of 67850, you can try light long positions with strict stops placed below 66650. First target at 71300, then 73150 after breaking through. This trade has a risk-reward ratio exceeding 4:1, worthy of taking limited risk to gamble on a rebound after the bearish trap. Scale in gradually, move stops to breakeven.
Check real-time charts 👇 $BTC
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Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡