【$BTC Signal】Empty position + wait for key support confirmation

$BTC is weakly oscillating below EMA20, with deep imbalance indicating buy order accumulation, but price action lacks upward breakout momentum, representing a chaotic period of bulls and bears.

🎯 Direction: Empty position

Market analysis: Price is suppressed below EMA20 (69542), RSI at 44 in a neutral to weak zone, showing insufficient bullish momentum. The 4H candlestick is oscillating disorderly within the 67883-69958 range, lacking a clear direction.

Logical core: Deep imbalance reaches 80.32%, with buy orders (Bids) far exceeding sell orders (Asks), indicating a large number of limit buy orders lurking below. This is a typical institutional accumulation/defense pattern. However, open interest (OI) remains stable, funding rate is slightly positive (0.0014%), with no typical signals of short squeeze or main force distribution (OI decreasing + high funding rate).

The key contradiction is: strong depth support from buy orders, yet the price cannot effectively rebound above EMA20. This suggests the market is waiting for a stronger catalyst or liquidity washout. Current price (68781) is tightly hugging the order book, lacking a clear PA entry structure.

Trading plan: Avoid opening positions in the chaotic middle zone. To go long, wait for the price to strongly recover above EMA20 with increasing OI; or wait for a pullback to strong support zones (such as near the previous low 67883) to see buy absorption signals (Pin Bar, shrinking volume, RSI divergence). Conditions for shorting are not met (no high funding rate, no OI decrease, no bearish divergence).

Risk control core: Current win rate is insufficient; the best strategy is to stay on the sidelines and wait for the market to make a clear decision at key levels (67883 support or 69542 resistance) before following.

Trade 👇 $BTC

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