$BTC Signal】Negative funding rate + support level holding, bulls lurking to squeeze shorts


$BTC 1H Bollinger middle band around 65661 finds support, current price 66341. Funding rate -0.0011%, short position costs are increasing. The buy order depth on the order book is only 0.05, and sell orders are significantly more than buy orders—yet the price has not broken below 66000, indicating absorption below. MACD 1H negative bars narrowing, 4H still maintains a bullish trend. Under this structure, shorts dare not aggressively add positions; once the price breaks above the 66342 resistance, it could trigger short stop-loss buying to push higher. Risk-reward ratio 1.5, worth a try.
🎯Direction: long
⚡Entry/Order: 66142.775 - 66341.800
🛑Stop loss: 65678.382
🚀Target 1: 67336.927
🚀Target 2: 67834.491
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Shorts are accumulating but the price is not falling, often brewing a reverse breakout. Current volatility is low, and a trend reversal window is approaching.
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