【$BTC Signal】Long | 1H volume breakout, main force clearly intends to support the price
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly holding above the EMA20 (65460) and hitting a new intraday high. The 4H timeframe has broken through the previous resistance, forming a bullish engulfing pattern, shifting the trend from consolidation to upward movement. The order book depth is significantly thick, open interest (OI) remains stable, and the price is firm under a negative funding rate, indicating potential short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 67050 - 67100
🛑Stop Loss: 66500
🚀Target 1: 67800
🚀Target 2: 68500
🛡️Trade Management:
- Position: Standard position.
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price (break-even). The remaining position tracks the 1H EMA20 as a trailing take-profit line. If the price fails to hold above 67000 and falls back into the entry zone, exit immediately.
Order book logic: The trading volume over the past 4 hours has significantly increased, with the buy/sell ratio reaching 0.57, indicating strong active buying. The 1H RSI (73.75) is high but not divergence, indicating a strong zone. The order book imbalance is 29.22%, with buy orders far exceeding sell orders, showing that main force has a strong intention to support or absorb orders at key levels. Combined with negative funding rates and rising prices, short sellers face squeeze risks.
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【$BTC Signal】Long | 1H volume breakout, main force clearly intends to support the price
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly holding above the EMA20 (65460) and hitting a new intraday high. The 4H timeframe has broken through the previous resistance, forming a bullish engulfing pattern, shifting the trend from consolidation to upward movement. The order book depth is significantly thick, open interest (OI) remains stable, and the price is firm under a negative funding rate, indicating potential short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 67050 - 67100
🛑Stop Loss: 66500
🚀Target 1: 67800
🚀Target 2: 68500
🛡️Trade Management:
- Position: Standard position.
- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price (break-even). The remaining position tracks the 1H EMA20 as a trailing take-profit line. If the price fails to hold above 67000 and falls back into the entry zone, exit immediately.
Order book logic: The trading volume over the past 4 hours has significantly increased, with the buy/sell ratio reaching 0.57, indicating strong active buying. The 1H RSI (73.75) is high but not divergence, indicating a strong zone. The order book imbalance is 29.22%, with buy orders far exceeding sell orders, showing that main force has a strong intention to support or absorb orders at key levels. Combined with negative funding rates and rising prices, short sellers face squeeze risks.
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