#Gate2月透明度报告 【$BSV Signal】Short squeeze continues, pullbacks are opportunities

$BSV 1H timeframe is consolidating at a high level after a strong rally, the price has moved far away from EMA20, and RSI is in the overbought zone, making short-term chasing risky. However, the 4H timeframe has confirmed a breakout of the previous consolidation zone, and open interest remains stable while the price rises, indicating a possible short squeeze or main force support. Negative funding rates have increased bearish pressure. The current strategy is to wait for the price to pull back to key support levels and accumulate at low prices.

🎯Direction: Long (wait for pullback to place orders)

⚡Entry/Order: 14.49 - 14.87 zone, staggered accumulation

🛑Stop Loss: 14.25

🚀Target 1: 17.35

🚀Target 2: 18.59

🛡️Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks the trailing stop, exit all positions.

Deep Logic: The price broke through the key resistance at 15.0 with volume on the 4H chart, opening up upside space. Although the 1H RSI shows overbought conditions, open interest has not decreased with the price surge, indicating that bullish positions are solid and not just retail FOMO. Order book data shows buy-side depth exceeds sell-side, with dense support below. Negative funding rates suggest shorts are paying fees, and once the price pulls back to confirm support, it could easily trigger a new round of short squeeze rally.

View real-time market 👇 $BSV

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