【$BTC Signal】Pullback to Long: 4H support confirmed, 1H level building momentum for rebound

$BTC The 1H level is forming a short-term platform around 67,000. The price has deeply retested the 4-hour EMA50 (68,434). Currently, the price is below the 1-hour EMA20, at the brink of an oversold rebound. The 4H candlestick shows multiple buy supports in the 66,500-67,100 range, forming a solid bottom. Market depth indicates strong buy orders around 67,470, with selling pressure concentrated above 67,500, suggesting upward breakout potential. Open interest remains stable; the price has declined but did not trigger a large-scale liquidation, implying main force is protecting the market. RSI is at 41, in a healthy rebound zone, with momentum building.

🎯Direction: Long

⚡Entry/Order: 66,795 - 67,200

🛑Stop Loss: 66,400

🚀Target 1: 68,200

🚀Target 2: 69,000

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail remaining position for profit-taking; if the price retests the lower boundary of the entry zone and breaks below, exit all positions.

(Depth Logic: The current price has deeply retested the key support zone at the 4H level, and open interest remains stable, indicating no panic selling. Buy depth on the 1-hour level is significantly better than sell depth, with potential for short squeeze. The recent low at 66,400 is a strong support level tested multiple times; breaking below would damage the short-term structure. The primary resistance above is the 4-hour EMA20 at 68,200. )

View real-time market 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #2月非农意外负增长