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【$BTC Signal】Short-term pullback to go long, 1H level retest confirmation
$BTC The 1H level is currently in a strong consolidation at a high level, with the price supported above the 4-hour EMA20 (68000). The latest 1-hour candlestick shows substantial buying depth and stable open interest, indicating that the main force has not exited the market. The current pullback is a healthy technical retracement. The 4H level has broken through the previous consolidation upper boundary, turning the trend more bullish, providing a good background for short-term trading on the 1H level.
🎯Direction: Long
⚡Entry/Order: 67854.9 - 67884.1
🛑Stop Loss: 67854.9
🚀Target 1: 67942.5
🚀Target 2: 67971.7
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price falls back after hitting Target 1 and breaks the trailing stop, exit all positions.
(Depth Logic: After an upward move, the price actively retests the 1-hour EMA50, which is a classic buy point for a strong market correction. The 1H RSI indicates healthy momentum without entering overbought territory. Market depth data shows buy orders far exceed sell orders, indicating a clear depth imbalance, providing immediate support for the price. Coupled with a negative funding rate, there is a risk of short squeeze, which favors bulls to continue pushing higher. )
View real-time market 👇 $BTC
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