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【$BTC】Short, whale outflow/structure breakdown/weak rebound
$BTC The chart appears to be struggling around 70k, but the 4H timeframe has already broken below the EMA20/50 dual moving averages, which is a clear signal of weakening mid-term structure. Whale capital continues to flow out, with obvious hesitation from buyers on rebounds. Every rally is pushed back by selling pressure. Chasing highs at the current level carries greater risk than reward; patiently waiting for rebound exhaustion is the more prudent choice.
🎯 Short🛡️ Scale in gradually, add on rebounds⚡ Entry: 70500-71000 zone🛑 Stop loss: 71800🚀 Target: First target 68500, second target 66500
View real-time chart 👇 $BTC
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