Funding rate: 24-hour cumulative +0.2892%. Longs are still continuously paying protection fees; meanwhile, the price has already surged from 0.19 to 0.69. I won’t chase longs at 0.62078—I'll wait for a rebound to short.
The trend of $BR is indeed strong: the 4-hour and daily EMA5 are both above EMA25, but RSI7 is already at 75, and the daily near-3-candle volatility is as high as 88.1%. The odds for buyers are clearly worse now. OI is about $96 million, roughly half of the market cap. Leverage positions are heavy—once the price loosens, volatility won’t be gentle.
More importantly, the long/short ratio in the account is only 0.8646, while large holders are at 1.6354. The positional disagreement is already on the table. BTC and the whole market are falling. $BR is independently strong, but when the tide goes out, there’s no broad-market support. 0.69 is the recent high point. I entered when the rebound met resistance here; if it holds, I’ll back off the short.
📊 Direction: wait for a rebound to short
💰 Entry reference: 0.69
🛑 Stop loss: 0.70—after triggered, exit
🎯 Take profit 1: 0.496655, look back at the 4-hour EMA5
🎯 Take profit 2: 0.377039, look back at the 4-hour EMA25
You can respect the trend, but you can’t force your way into crowded prices.
Once you’ve got resistance at 0.69 and it falls back, or once it breaks through and squeezes further—pick one.
$BR #技术分析 #Twelve Uncle
If you can understand this kind of rhythm, come to Binance’s public domain to follow signals—take a look at my lead homepage and do it together with me.
Click my homepage to follow immediately
https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
The trend of $BR is indeed strong: the 4-hour and daily EMA5 are both above EMA25, but RSI7 is already at 75, and the daily near-3-candle volatility is as high as 88.1%. The odds for buyers are clearly worse now. OI is about $96 million, roughly half of the market cap. Leverage positions are heavy—once the price loosens, volatility won’t be gentle.
More importantly, the long/short ratio in the account is only 0.8646, while large holders are at 1.6354. The positional disagreement is already on the table. BTC and the whole market are falling. $BR is independently strong, but when the tide goes out, there’s no broad-market support. 0.69 is the recent high point. I entered when the rebound met resistance here; if it holds, I’ll back off the short.
📊 Direction: wait for a rebound to short
💰 Entry reference: 0.69
🛑 Stop loss: 0.70—after triggered, exit
🎯 Take profit 1: 0.496655, look back at the 4-hour EMA5
🎯 Take profit 2: 0.377039, look back at the 4-hour EMA25
You can respect the trend, but you can’t force your way into crowded prices.
Once you’ve got resistance at 0.69 and it falls back, or once it breaks through and squeezes further—pick one.
$BR #技术分析 #Twelve Uncle
If you can understand this kind of rhythm, come to Binance’s public domain to follow signals—take a look at my lead homepage and do it together with me.
Click my homepage to follow immediately
https://www.binance.com/zh-CN/copy-trading/lead-details/5051200019981811968
