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【$BTCUSDT】Something's off with this data, deep breakdown
$BTC During Asian early session fund handover period, price directly pierced through the EMA50 lifeline, this wick is too fake. 4-hour Bollinger Bands lower band has been broken, MACD histogram accelerating downward expansion, bearish momentum completely released. Order book depth imbalance, sparse buying pressure, obvious sell orders accumulation, weak fund support intention. RSI dropped to 21, short-term oversold but volume hasn't shrunk, panic selling still continuing.
Current price around 68760 going short directly, stop loss set above 69200. First target looking at 67500, if broken through then targeting 66500 area. Risk-reward ratio exceeds 4, worth the trade.
Check live market 👇 $BTC
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