【$BTC Signal】Close Position + Wait for Key Support Confirmation

$BTC Is consolidating weakly below EMA20 (~69610), with the price declining but open interest stable. Combined with negative funding rates, this is currently a correction driven by long liquidation rather than main force selling.
Order book imbalance is -3%, with slightly more sell orders than buy orders, indicating selling pressure remains above. The 4H RSI (43.62) has exited overbought territory, but the price has not yet touched an effective support level.
🎯Direction: Close Position (NoPosition)
Hardcore logic: The price broke below the key EMA20 trendline, but open interest did not decrease, so the bearish logic does not hold. Negative funding rates + stable open interest are typical of a healthy correction after short covering, not a trend reversal. To go long, wait for the price to retest the previous low liquidity zone (~67883) or form a clear bullish PA signal (such as Pin Bar, Engulfing). Currently in disorderly oscillation, with low win rate; risk management first.
Trade here 👇 $BTC
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