To be honest, hidden under the calm order book are the undercurrents—$BTC on the four-hour timeframe has already turned. At this spot, many people are still talking about how hard the lower support is; to me it feels more like psychological comfort. Volume hasn’t kept up; the rebound strength is weaker wave after wave. Short-term momentum is still steadily flowing out. Under this kind of structure, support gets tested again and again, and in the end it will only become thinner and thinner.
Going short isn’t betting on direction—it’s simply following the structure to find a location with a reasonable risk/reward ratio. Waiting to short as the rebound reaches the resistance zone is far better than trying to guess the bottom and catch a falling knife right now.
🔴 Trade direction: Short
📍 Entry range: 63156.76 – 63218.74
🛑 Stop loss: 64005.00
🎯 Take profit 1: 62574.80
🎯 Take profit 2: 62166.18
🎯 Take profit 3: 61553.25
Gaze at the broad mountains and seas; observe the slightest movements of the market.
Travel alongside Uncle Xiong, and see gains and losses through the sky and earth.
#BTC
Click below to trade 👇
Going short isn’t betting on direction—it’s simply following the structure to find a location with a reasonable risk/reward ratio. Waiting to short as the rebound reaches the resistance zone is far better than trying to guess the bottom and catch a falling knife right now.
🔴 Trade direction: Short
📍 Entry range: 63156.76 – 63218.74
🛑 Stop loss: 64005.00
🎯 Take profit 1: 62574.80
🎯 Take profit 2: 62166.18
🎯 Take profit 3: 61553.25
Gaze at the broad mountains and seas; observe the slightest movements of the market.
Travel alongside Uncle Xiong, and see gains and losses through the sky and earth.
#BTC
Click below to trade 👇