【$BTC Signal】Multi-cycle resonance, ambush short squeeze rebound

$BTC 1H level RSI drops to 32.73, entering oversold territory. The 4H level price has fallen back to the lower half of the Bollinger Bands, MACD histogram is negative but shrinking, bearish momentum is weakening. Market depth shows buy orders accumulating around 71,400 BTC, but orders are sparse in the 71,405 to 71,407 range below, with clear gaps in support. A break below may trigger a rapid decline.

🎯Direction: Long (pullback and buy-in)

⚡Entry/Order: Place a pending order around 70,585.1

🛑Stop loss: 70,019.3

🚀Target 1: 74,909.6

🚀Target 2: 76,539.7

🛡️Trade management: - Execution strategy: After reaching Target 1, reduce half of the position and move the remaining stop loss up to the entry price. If the price cannot effectively stay above the 1H EMA20 (71,979), consider exiting early.

Funding rate turns negative, but open interest remains stable, indicating that bears have not exited in large numbers, fueling the potential short squeeze rebound. The 1-hour price has moved away from the dense moving average zone, indicating a need for technical correction. The current risk-reward ratio is 2, with favorable odds; success depends on precisely catching the panic sell-offs.

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