$BTC Signal】1H breakout and pullback, capital support clearly intended


$BTC 1H level price breaks above the upper Bollinger Band, MACD histogram continues to expand.
On the 4H timeframe, buying depth forms a gap around 72,200, but there are very thick orders below at 70,900-71,100, fully exposing the capital support intention.

🎯Direction: Long

⚡Entry: Buy in batches on pullback around 70,970-71,095

🛑Stop loss: Below 70,850

🚀Target 1: 71,595

🚀Target 2: 71,845

🛡️Trade management:
- Execution strategy: Halve the position after the price reaches 71,595, and move the remaining stop loss up to the entry price.
- If the price cannot hold above 71,300, consider exiting early.

Position volume remains stable, negative funding rate coexists with firm prices, and short squeeze risk is accumulating.
The 1-hour RSI has fallen back from 63, providing a healthy retracement space.
Order book data shows selling pressure concentrated above 72,200, but buy orders below 71,000 are several times the sell orders, indicating a deep imbalance that often signals an upward pulse.
Risk-reward ratio is close to 4:1, making this setup worth a try.

View real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#Gate上线Pre-IPOs #加密市场小幅下跌 #原油小幅上涨
BTC0.39%
ETH0.14%
SOL0.87%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin