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【$BTC Signal】Bearish momentum exhaustion, awaiting bounce confirmation
$BTC price declined sharply from the high, but the 1-hour RSI has entered oversold territory (27.7), indicating short-term bearish momentum exhaustion. The key phenomenon is that trading volume in the last hour shrank dramatically, with selling pressure significantly reduced. However, the price remains suppressed below EMA20 (1H), with weak bounce attempts, requiring clear capital inflow signals to confirm a reversal.
🎯 Direction: Long orders
⚡ Entry: 71548.0 - 71686.3
🛑 Stop Loss: 70376.2
🚀 Target: 76926.5 / 79546.7
🛡 Strategy: Reduce position by half at target 1, move to breakeven, hold remaining position for higher targets.
View real-time market 👇 $BTC
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