【$BTC Signal】Pullback to go long, betting on a negative funding rate leading to a short squeeze

$BTC 1H repeatedly tests near the upper Bollinger Band; the 4H MACD histogram bars contract, and momentum slows down. Buying depth is 2.5 times higher than selling depth, but the funding rate turns negative, intensifying the battle between bulls and bears. Price consolidates around 74,600, with trading volume shrinking—waiting for a direction to be chosen.

The current risk-reward ratio is 1.5 and the structure is still acceptable, but directly chasing a high offers poor cost-effectiveness. The ideal pullback support/consolidation zone is between 73,884 and 74,265, where you can set up positions.

🎯 Direction: Pullback to go long

⚡ Entry/Order: 73,884.9 - 74,265.5, staggered entries to buy

🛑 Stop loss: 71,996.0

🚀 Target 1: 77,662.9

🚀 Target 2: 79,551.9

🛡️ Trade management: - Execution strategy: After reaching Target 1, reduce positions by 50%, and move the stop loss up to break-even. If the price falls back to the entry level, exit automatically to protect principal.

The 4H timeframe is still trading above the EMA20, so the trend is not broken. On the 1H timeframe, RSI has fallen from high levels back into the neutral zone, leaving room to build momentum again. In a negative funding rate environment, if price can hold steady, it’s easy to trigger a short squeeze rally from short covering. The key is whether price can gain effective support above 74,000.

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