【$BTCUSDT】Don't rush to buy the dip/chase the high, check this first


$BTC Regular intraday fluctuation period, price stuck between Bollinger upper band 71355 and middle band 68929, buying orders breaking down. Four-hour MACD histogram contracting, one-hour volume shrinking, weak rebound, continuing downward exploration. Funding rate turned positive but open interest stable, bulls lacking offensive intent. Short directly at this level, enter at current price 70230, set stop loss slightly above 70720. Looking for a pullback to 69450, take profits in batches when reached. Push for breakeven loss, zero-risk arbitrage.
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BTC4,51%
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