【$BTCUSDT】Long and Short Game Intensifying

$BTC During the pre-close volatility period of US stocks, price has broken through the 4-hour Bollinger Band lower rail, with the 1-hour level directly crashing outside the Bollinger Band. MACD dual lines continue to diverge below the zero axis, with bearish momentum still expanding. The order book data looks poor—there are 5 coins hanging at the bid price of 68179.7, but looking down five levels further, buy order thickness drops off a cliff. Chasing longs at this position is equivalent to giving away money. Market logic suggests lack of support below, which completely aligns. In a negative fee rate environment, price still cannot withstand selling pressure—a typical bearish-dominated pattern.

Direction: Short
Entry/Pending Order: Short directly around current price 68180, or add shorts on a bounce to 68500-68600 zone
Stop Loss: Above 69200
Target 1: 67200
Target 2: 66500
Trade Management: After price reaches the first target, move stop loss down to entry price to lock in profits, with remaining position betting on deeper pullback.

View real-time chart 👇 $BTC
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