The 1H level is oscillating around a critical support area, with RSI showing a bullish divergence signal. Although the 4H level is in a downtrend channel, there is a short-term technical rebound opportunity. The price is declining but open interest remains stable, indicating it is not major players offloading, but rather a liquidation after a bullish blow-up. The order book depth is accumulating around 65,500, forming an invisible support.

🎯Direction: Long $BTC Long(
⚡Entry/Order: 65,500 - 65,600
🛑Stop Loss: 64,800
🚀Target 1: 66,500
🚀Target 2: 67,200
🛡️Trade Management:
- Position Size: Light
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry level. Hold the remaining position to aim for Target 2. If the price consolidates near the entry level for a long time without showing signs of upward movement, exit proactively.
Order Book Logic: The 1H RSI (39.26) shows a bullish divergence with the price, indicating weakening downward momentum. The 4H price is approaching the recent oscillation zone lower boundary (65,000-66,000), suggesting a technical rebound is needed. Open interest (OI) remains stable during the price decline, with no signs of panic selling, implying market logic points to liquidation of longs rather than major players offloading. The order book imbalance is -47.28%, with selling pressure concentrated above 65,543.7. Once this area is broken, resistance above is sparse, favoring a quick rally.
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