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【$BTC Signal】Bulls Accumulating, Confirm with Pullback and Look for New Highs
$BTC price pulled back with decreasing volume after creating new highs at the 4H level, which is a typical profit-taking consolidation and bull accumulation phenomenon. Under a negative funding rate environment, prices remain resilient, indicating that short positions have high holding costs and there's a basis for short squeezes. On the 1-hour level, buying interest is regrouping above key support levels (EMA20/50), selling pressure is weakening, and the bull structure remains intact.
🎯 Direction: Long
⚡ Entry: 73500 - 73800
🛑 Stop Loss: 71958
🚀 Targets: 76585 / 78128
🛡 Strategy: Reduce position size by half at the first target, move remaining position to breakeven, and aim for the second target.
Check real-time price 👇 $BTC
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