【$BTC Signal】Long | Healthy Reset After Strong Breakout

$BTC After a strong breakout above the previous high on the 4H timeframe, the price is consolidating at a high level above 70.5K. This is a typical cooling-off after a breakout, not a top structure. Buying pressure is continuously absorbing sell-offs in the 69,700-70,500 range, and the funding rate turning negative favors long position building.

🎯 Direction: Long

🎯 Entry: 70,300 - 70,600

🛑 Stop Loss: 69,500 ( Rigid stop loss, invalidates the breakout if broken )

🚀 Target 1: 72,000

🚀 Target 2: 74,000

Hardcore logic: On the 4H chart, a series of bullish candles with increased volume broke through the previous high, confirming main capital inflow. The current price is consolidating narrowly above the breakout level, with the order book showing dense support below. The pullback is shallow, and trading volume is shrinking, indicating healthy bullish rotation. The negative funding rate reduces the cost of holding long positions, providing an emotional foundation for subsequent upward movement. Price action suggests the market is digesting profit-taking rather than facing structural selling pressure. As long as the key breakout level of 69,500 holds, the probability of continuing upward is high.

Trade here 👇 $BTC

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‍#Gate广场创作者新春激励 #Is the current market bottoming or just observing?