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【$BTCUSDT】Key Level Breakout Battle
$BTC Regular intraday fluctuation period, price has broken below the EMA50 lifeline, trend turned bearish. RSI dropped to 36, bearish momentum continues to release. 4-hour level MACD double line death cross below water, Bollinger Bands opening downward, price running near the lower band, selling pressure not yet exhausted. Order book depth imbalance reached -18.6%, sell orders significantly thicker than buy orders, weak fund acceptance willingness.
Bulls' defense line breached, short at current price. Entry possible around 68640, with stop loss placed above 69200. First target toward 67400, and 66000 area after breakthrough.
Under this structure, the risk-reward ratio exceeds 4, worth a try. If price rebounds to above 69000 and holds steady, bearish logic needs reassessment.
View live prices 👇 $BTC
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