【$BTC Signal】1H level buildup, sniper short squeeze rebound

$BTC The 1H level price stays close to the middle band of Bollinger, MACD histogram continues to expand below the zero line, indicating signs of weakening bearish momentum.
$BTC
On the 4H level, the price is supported at the lower Bollinger band, with a deep imbalance of -4.4% showing limited selling pressure, and in a negative fee rate environment, short positions' holding costs increase.

The price repeatedly tests the 70600-71300 zone, with buying depth below still acceptable.
#Gate13周年Dr.Han公开信 The 1H EMA50 at 71400 forms short-term resistance, but the MACD golden cross pattern has appeared, and the space for bearish squeeze is narrowing.

🎯Direction: Long

⚡Entry: Enter directly around the current price of 71096, or scale in on a pullback to around 70650.

🛑Stop loss: Strictly set below 70048.

🚀Target 1: 73832

🚀Target 2: 75093

🛡️Trade management: - Execute strategy: After reaching the first target, halve the position, and move the remaining stop loss up to the entry price.
If the rebound cannot stabilize above 71300, consider exiting early.

The current risk-reward ratio is close to 1:2, with manageable risk.
Negative funding rates combined with relatively stable open interest suggest the market lacks further selling pressure, and such a structure often leads to more intense counter-movements.
On the 1H level, buy orders are clearly accumulating around 70700, with multiple dips quickly pulled back, indicating clear market support intentions.

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