【$BTC Signal】1H Breakout Confirmation, Multi-Timeframe Confluence Indicates Rebound

$BTC The 1H timeframe has stabilized above EMA20 (64949) with increased volume breaking through, and the 4H timeframe experienced a strong rebound after a sharp decline the previous day, forming a short-term bottom structure. The current healthy pullback on the 1H chart presents an excellent short-term entry opportunity.

🎯Direction: Long (Long)

🎯Entry/Order: Current price 65384 or in the 65300-65350 range, staggered entries

🛑Stop Loss: 64800 (below 1H EMA20 and previous low support)

🚀Target 1: 65800 (previous high resistance level)

🚀Target 2: 66200 (Fibonacci 0.382 level of the 4H rebound)

🛡️Trading Management:

- Position Size: Standard position (Reason: 1H and 4H confluence, risk-reward ratio >1.5)

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry price. The remaining position targets Target 2. If price stalls around 65800, consider taking profit early.

Deep Logic: The 1H RSI (59) is in a healthy bullish zone with sufficient buying momentum. The 4H chart shows a double bottom near 64000, indicating weakening bearish force. Although sell orders (12.886 BTC) are slightly thick, open interest remains stable, and the negative funding rate (-0.0011%) suggests short covering pressure, favoring bullish short squeeze. Market logic indicates upward movement, combined with stable open interest, implying that the main buyers are entering rather than a simple short squeeze.

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