【$BTC Signal】Long | 1H volume breakout, main force defending the market, short squeeze trend initiated
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly holding above EMA20_1H (65677) and hitting a new intraday high. A large bullish candle on the 4H chart directly engulfs previous candles, forming a bullish engulfing pattern, shifting the trend from consolidation to strength. The current negative funding rate (-0.0010%) combined with rising prices and stable open interest (OI) is a typical short squeeze signal, with clear main force support.
🎯 Direction: Long (Long)
🎯 Entry/Order: 67400 - 67450 (Enter near current price)
🛑 Stop Loss: 66900 (Below the low of the 1H bullish candle)
🚀 Target 1: 68200 (Resistance near previous high)
🚀 Target 2: 69000 (Psychological round number)
🛡️ Trading Management:
- Position: Standard size. Current volatility (ATR about 1200) is moderate, with a reasonable risk-reward ratio.
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price (67400). If the price strongly breaks above 68200 and stabilizes, move the remaining stop loss below Target 1 to aim for Target 2.
Deep Logic: Market logic indicates “price rising, main force entering or bears stepping on the brakes.” Combined data: 1H RSI at 76.21 shows short-term strength but not severely overbought; buy order depth imbalance (-49.63%), but large buy orders (67426.9 at 1.975 BTC) provide clear support, indicating main force defending at key levels. The 4H buy/sell ratio rising to 0.55 reflects active capital inflow. This is a resonance of momentum breakout and short squeeze logic, with strong short-term bullish momentum.
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GengHui
· 3h ago
Thank you, the first target for profit-taking has been achieved.
【$BTC Signal】Long | 1H volume breakout, main force defending the market, short squeeze trend initiated
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly holding above EMA20_1H (65677) and hitting a new intraday high. A large bullish candle on the 4H chart directly engulfs previous candles, forming a bullish engulfing pattern, shifting the trend from consolidation to strength. The current negative funding rate (-0.0010%) combined with rising prices and stable open interest (OI) is a typical short squeeze signal, with clear main force support.
🎯 Direction: Long (Long)
🎯 Entry/Order: 67400 - 67450 (Enter near current price)
🛑 Stop Loss: 66900 (Below the low of the 1H bullish candle)
🚀 Target 1: 68200 (Resistance near previous high)
🚀 Target 2: 69000 (Psychological round number)
🛡️ Trading Management:
- Position: Standard size. Current volatility (ATR about 1200) is moderate, with a reasonable risk-reward ratio.
- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining stop loss to the entry price (67400). If the price strongly breaks above 68200 and stabilizes, move the remaining stop loss below Target 1 to aim for Target 2.
Deep Logic: Market logic indicates “price rising, main force entering or bears stepping on the brakes.” Combined data: 1H RSI at 76.21 shows short-term strength but not severely overbought; buy order depth imbalance (-49.63%), but large buy orders (67426.9 at 1.975 BTC) provide clear support, indicating main force defending at key levels. The 4H buy/sell ratio rising to 0.55 reflects active capital inflow. This is a resonance of momentum breakout and short squeeze logic, with strong short-term bullish momentum.
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