【$BTC Signal】Pullback confirmation, long positions are being laid out on the right side

$BTC 1H timeframe shows a decrease in volume during the pullback to EMA20, with a gap in buy order depth, and sell orders stacking above 69500. The 4H Bollinger middle band continues to rise, MACD histogram contracts, and the price is ranging in the upper half of the channel.

🎯Direction: Long

⚡Entry/Place orders: 68370 - 69030

🛑Stop loss: 68360

🚀Target 1: 70650

🚀Target 2: 71570

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce 50%, and move the stop loss up to the breakeven level. If the price drops back into the entry zone, exit automatically to protect principal.

Position size remains stable, but the funding rate turns negative, meaning shorts pay the cost in the short term. The 1-hour RSI has pulled back from a high level to 61, providing room for another push higher. Order book data shows buy orders are sparse below 69400, but orders are extremely thick around 68300—this is the core line of defense for the bulls. The risk-reward ratio is close to 2.5; this level is worth a try.

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