【$BTC Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market
$BTC The 1H timeframe has experienced a strong rally and is currently consolidating at high levels, with a pullback confirming the validity of the breakout. Although the 4H timeframe is still in a consolidation zone, the latest large bullish candle on the 4H chart has engulfed the previous two days' declines, indicating strong bullish momentum. Combined with negative funding rates and stable open interest, bears face a short squeeze risk.
🎯Direction: Long (Long)
⚡Entry/Order: 66280 - 66350
🛑Stop Loss: 65800
🚀Target 1: 67200
🚀Target 2: 68000
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). The remaining position will be tracked with a trailing stop; if the price falls below the 1H EMA20 (around 65200), exit all positions.
Deep Logic: Over the past 4 hours, the price has surged strongly from 64635 to 66642, with trading volume significantly increasing, which is a clear signal of main force entering the market. Although the current order book shows sell orders at 66274 with 8.137 BTC creating short-term resistance, the buy-side depth below is still solid, and open interest (OI) remains stable, indicating that the rally is not solely driven by short covering but also by new funds actively going long. The 1H RSI (59.96) is in a healthy zone, leaving room for further upside. Key support is located near the confluence of the previous low on the 4H chart and the 1H EMA50 (around 65600).
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【$BTC Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market
$BTC The 1H timeframe has experienced a strong rally and is currently consolidating at high levels, with a pullback confirming the validity of the breakout. Although the 4H timeframe is still in a consolidation zone, the latest large bullish candle on the 4H chart has engulfed the previous two days' declines, indicating strong bullish momentum. Combined with negative funding rates and stable open interest, bears face a short squeeze risk.
🎯Direction: Long (Long)
⚡Entry/Order: 66280 - 66350
🛑Stop Loss: 65800
🚀Target 1: 67200
🚀Target 2: 68000
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price (break-even). The remaining position will be tracked with a trailing stop; if the price falls below the 1H EMA20 (around 65200), exit all positions.
Deep Logic: Over the past 4 hours, the price has surged strongly from 64635 to 66642, with trading volume significantly increasing, which is a clear signal of main force entering the market. Although the current order book shows sell orders at 66274 with 8.137 BTC creating short-term resistance, the buy-side depth below is still solid, and open interest (OI) remains stable, indicating that the rally is not solely driven by short covering but also by new funds actively going long. The 1H RSI (59.96) is in a healthy zone, leaving room for further upside. Key support is located near the confluence of the previous low on the 4H chart and the 1H EMA50 (around 65600).
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