$BTC Signal】1H timeframe buildup, breakout imminent, sniper short squeeze



$BTC The 1H timeframe is oscillating narrowly around EMA20 (67919), with decreasing volume, a typical buildup pattern before a trend reversal. The 4H price is holding above EMA50 (66774), indicating an overall bullish trend, but the 69000-70000 zone above presents strong resistance. Currently, buy-side order depth is dominant (imbalance of 9.7%), and open interest (OI) remains stable, showing that the main players have not exited. Once volume increases and a breakout occurs, a short squeeze is highly likely.

🎯Direction: Long (buy on breakout)

🎯Entry/Order: Breakout order at 68500 (Reason: Breaks recent 1H high and EMA20 resistance, confirming momentum restart)

🛑Stop Loss: 67700 (Reason: Breaks below the lower boundary of the dense trading zone and the previous 1H low support)

🚀Target 1: 69500 (Reason: 4H previous high resistance zone)

🚀Target 2: 70500 (Reason: Near the February 25 high, 1.272 Fibonacci extension level)

🛡Trade Management:

- Position size suggestion: Light (Reason: 4H remains in consolidation, validity of breakout to be confirmed)

- Execution strategy: After reaching Target 1, move stop loss to entry point (68500) to break even. For remaining position, target Target 2. If price stalls near Target 1 or shows 1H top divergence, consider taking profit early.

Depth logic: 1H RSI (52.45) is in a neutral to slightly bullish zone, with room to rise. 4H RSI (57.66) is also not overbought. The key is whether volume can increase during the breakout. Market logic indicates “price rising, consider position size based on volume,” current stable OI suggests that if price rises with increasing OI, it signals strong main force support, and adding positions is justified. If a false breakout occurs and price quickly falls back below 68500, abandon this trade.

Check real-time market 👇 $BTC

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