【$BTC Signal】Pullback to go long! 1H pullback confirmation, obvious signs of main force supporting the market

$BTC The 1H timeframe, after a surge, is undergoing a healthy pullback, with the price approaching the optimized entry zone. Although the 4H timeframe is in consolidation, the 1H structure shows that EMA20 (around 67272) provides strong support, and the latest one-hour candlestick shows extremely diminished buy-side depth, indicating weakening selling pressure and an imminent trend reversal. Open interest remains stable, and the negative funding rate suggests shorts need to pay, combined with firm price action, indicating potential short squeeze.

🎯Direction: Long

⚡Entry/Order: 66936 - 67603

🛑Stop Loss: 67603

🚀Target 1: 65601

🚀Target 2: 64934

🛡️Trade Management:

- Execution Strategy: After the price hits Target 1, reduce position by 50% and immediately move the stop loss to the entry average price. Hold the remaining position to aim for Target 2; if the price retraces to breakeven, exit all positions.

Depth Logic: The 1-hour RSI is at a healthy 59, with room to move higher. The order book shows a sell wall at 67963.3 with nearly 9.5 BTC worth of sell orders. Once bought through, it could trigger a rapid rally. In recent hours, during price declines, open interest has not decreased significantly, indicating not panic selling by longs but main force accumulating during consolidation. The 66900-67600 zone is a multi-timeframe EMA support band, an excellent sniper entry point.

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