📍#BTC Technical Analysis (2025/08/02)
Bearish dominance, abandon long for short, prepare for the next wave down!
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#BTC 【1h】
Trend: Medium Bearish
Prices continue to remain below EMA9/21/200, DMI shows -DI stronger than +DI and ADX > 25, RSI only 42.62, a clear bearish advantage, short-term may see a slight rebound near S2.
🔻 Short Position Information:
🛑 Stop Loss: 116,010
🟢 Add Short: 112,750 (not triggered)
🚨 Break and Chase Short: 112,604
🎯 Take Profit: (Batch 1) 112,604, (Batch 2) 110,485
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Trend: Medium Bearish
The trend breaks below EMA9/21/200, Bollinger Bands open downwards, RSI 31.80 approaching oversold, DMI shows moderate bearish momentum, pay attention to S2 support.
🔻 Short Position Information:
🛑 Stop Loss: 118,200
🟢 Add Short: 118,182 (not triggered)
🚨 Break and Chase Short: 112,604
🎯 Take Profit: (Batch 1) 112,604, (Batch 2) 110,485
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Daily line below EMA9/21, lower band has been broken, downward Bollinger Bands expand, RSI and stochastic are bearish, ADX < 25 shows weak momentum, long-term bearish.
🔻 Short Position Information:
🛑 Stop Loss: 117,000
🟢 Add Short: 114,500 (not triggered)
🚨 Break and Chase Short: 106,770
🎯 Take Profit: (Batch 1) 96,576, (Batch 2) 88,052
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【#BTC Strategy Summary】
Operation #BTC - Short-term (1h): Chase short after breaking 112,604, or position short on retest of 112,750, stop loss 116,010, targets 112,604 and 110,485;
- Medium-term (4h): Maintain bearish outlook, can add short on retest of 118,182, add on break below 112,604, stop loss 118,200, targets 112,604 and 110,485;
- Long-term (daily): Bearish strategy, initially position short on retest of 114,500, chase short on break below 106,770, stop loss 117,000, targets 96,576 and 88,052;
- Overall trend shows medium to small bearish dominance, recommend focusing on short positions, be aware of pullback risks.
