$BTC Signal | Buy order depth dominates, bulls push up to the upper band


$BTC Buy order depth ratio is 65.9%, the order thickness is 4.87 times that of sell orders. Funding rate is -0.006%, long position costs are extremely low. The 1H Bollinger Band upper band at 66,946 is almost within reach, and the 4H MACD bullish bars are still expanding. Currently testing around 66,471 repeatedly, buy orders continue to absorb selling pressure. Risk-reward ratio is 1.5, with clear defensive space.

🎯Direction: Bullish

⚡Entry/Order: 66,282.968 - 66,471.700

🛑Stop Loss: 65,528.039

🚀Target 1: 67,887.191

🚀Target 2: 68,594.936

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

Depth logic: OI is stable, negative funding rate combined with depth advantage, clear signs of bulls controlling the market. 1H RSI at 71.5 but not overbought, still room for upward movement. Slight observation before acting.

Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯西班牙VS佛得角
BTC4.88%
View Original
post-image
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
  • Pinned