【$BTC Signal】Pullback confirmation, bulls and bears intensify their battle

$BTC The 1H timeframe repeatedly tests below the EMA50, and the lower band of the 4H Bollinger Bands near 70733 forms the first line of defense. The order book depth is severely imbalanced, with 16 BTC stacked at the sell order of 71109.8, while buy orders are sparse and scattered, showing clear signs of main capital outflow.

🎯Direction: Watchful, wait for a pullback to signal a long entry

⚡Entry/Order placement: Within the 70574.6 - 71326.2 range, if the price pulls back near 70700, consider entering long positions in batches

🛑Stop loss: 70008.8

🚀Target 1: 73961.0

🚀Target 2: 75278.4

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.

Currently, the 1H RSI is only 36, on the verge of oversold, but the MACD histogram is still contracting below the zero line, indicating weakening bearish momentum. The 4H price has fallen into the lower half of the Bollinger Bands, but open interest remains stable, with no signs of panic selling. Negative funding rates suggest short-term dominance by bears, but the EMA50 (70716) and the lower Bollinger Band of the 4H chart overlap, forming a strong support zone. The risk-reward ratio is 2.0; this position is worth setting an ambush, but be cautious of the suppressive effect of large sell orders.

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