【$BTC Signal】1H timeframe building momentum, breakout imminent, targeting intraday short squeeze

$BTC The 1H timeframe is oscillating narrowly above the EMA20 (~67777), with price compressed in a very small range, about to choose a direction. The 4H timeframe has stabilized above the EMA50 (~66724), indicating a still upward medium-term trend. Currently, negative funding rates, stable open interest, and strong buy-side depth suggest potential for a short squeeze.

🎯Direction: Long (Long)

🎯Entry/Order: Enter long after breaking 67950 (Reason: Breakout of recent 1H consolidation zone upper boundary and EMA20 resistance )

🛑Stop loss: 67500 (Reason: Break below dense trading zone lower boundary and previous support )

🚀Target 1: 68850 (Reason: 4H previous high resistance level )

🚀Target 2: 69500 (Reason: 4H previous high and 1.382 Fibonacci extension level )

🛡Trade Management:

- Position size suggestion: Light (Reason: Price is below key resistance, waiting for confirmation signals )

- Execution strategy: After reaching Target 1, move stop loss to entry point (67950). For remaining position, look toward Target 2. If a stagnation candle (e.g., long upper shadow) appears near Target 1, consider taking profit early.

Depth logic: Market depth data shows buy-side dominance (bid_ask_ratio_depth: 0.87), and market logic suggests upward price movement with potential main force support. The 1H RSI (55.58) is in a neutral to slightly bullish zone, indicating room for upward movement. Key is whether price can break 67950 with volume; once broken, upside opens, possibly triggering short stop-loss orders.

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