$BTC Signal】Long 1H pullback to lower Bollinger Band + negative funding rate short squeeze


$BTC Bid/Ask depth ratio 1.68, buy orders are significantly thick. Volume increased near the 1H lower Bollinger Band around 62585, indicating absorption, and the price rebounded from the low point. The 4H MACD remains above the zero line, with the histogram converging but not turning negative. Funding rate is -0.0032%, indicating high cost for short positions, and stable open interest suggests shorts have not exited. The current price at 62870 is below the 1H EMA20 (63115), leaving room for short-term upward correction.

🎯Direction: Long

⚡Entry/Order: 62681.39 - 62870.00

🛑Stop Loss: 62241.30

🚀Target 1: 63813.05

🚀Target 2: 64284.57

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Price stabilization under this negative funding rate often attracts short covering, and with a risk-reward ratio of 1.5, it offers a viable entry point.

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