【$BTC Signal】Bull and bear are at a stalemate, waiting for a pullback confirmation

$BTC The 1H timeframe is oscillating narrowly around 68,350, with buy orders significantly weaker than sell orders. The order book is rapidly canceling orders, which is a typical liquidity trap. The 4-hour MACD shows shrinking red bars, but the 1-hour MACD has a bearish crossover expanding downward, indicating a divergence in momentum. The price is stuck between the 1-hour EMA20 and EMA50, with both bulls and bears waiting for a direction.

🎯Direction: Watchful (waiting for a pullback to go long)

⚡Entry/Orders: Layered entries in the 67,730 - 68,084 range

🛑Stop loss: Below 67,500

🚀Target 1: 68,792

🚀Target 2: 69,146

🛡️Trade management:
- Execution strategy: After the price reaches the entry zone, build positions in two batches. Reduce half of the position after reaching the first target, and move the stop loss of the remaining position to the breakeven point. If the price cannot hold above 68,000, exit proactively.

Position size remains stable, funding rate is slightly positive, with no obvious short squeeze or sell pressure. The 1-hour RSI is around 55, neutral to slightly weak, but the middle band of the 4-hour Bollinger Bands near 67,350 provides strong support. The 67,700-68,000 zone below is a previous high-volume trading area and also a resonance zone between the 1-hour EMA50 and the middle band of the 4-hour Bollinger Bands, indicating clear support from funds. The risk-reward ratio is currently insufficient, and patiently waiting for the price to retest key structural levels is a more rational choice.

Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#四月行情预测 #加密市场普遍上涨 #金银同步走强