【$BTC Signal】1H level pullback confirmation, multi-timeframe resonance for rebound
$BTC The 1H level is supported above EMA50 (67088), with the price rebounding strongly from the low of 66462, forming a V-shaped reversal pattern. Although the 4H level is in consolidation, the price remains above EMA20 (66780), and the latest 4H candlestick shows a long lower shadow, indicating strong buying pressure below. Open interest remains stable, and the price decline has not triggered panic among holders, suggesting that the main force is defending the market rather than distributing. The order book depth imbalance is 39.88%, with concentrated buy orders, fueling the rebound.
🎯Direction: Long (Long)
🎯Entry/Order: 67400 - 67500 (Reason: 1H level pullback confirmation, holding above EMA20_1H, with dense buy orders in the order book)
🛑Stop loss: 66800 (Reason: Break below 1H EMA50 and the support level formed by the previous low of 66462)
🚀Target 1: 68200 (Reason: 4H previous high resistance level)
🚀Target 2: 68850 (Reason: Recent 4H high point, 1.618 Fibonacci extension level)
🛡️Trading management:
- Position suggestion: Standard position (Reason: Resonance of key support levels on 1H and 4H, risk is controllable)
- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry point (break-even). If the price cannot stabilize in the entry zone and falls below 67500, consider exiting and observing.
Deep logic: The 1H RSI (49.13) has rebounded from oversold territory, indicating increasing momentum. The 4H RSI (54.75) is in a neutral to slightly bullish zone, with room for upward movement. The key point is that during the decline, open interest remains stable, with no signs of large-scale long liquidation, which often signals waning downward momentum and accumulation by the main force. Coupled with the order book showing significantly stronger buy-side depth than sell-side, a short-term rebound is imminent.
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