【$BTC Signal】1H level short squeeze, pullback to go long

$BTC 1H level RSI surges to 81, price is firmly pressing against the upper Bollinger band near 79863, but the 4-hour MACD histogram is still expanding, indicating bullish momentum has not exhausted. Market depth imbalance is only 0.04%, buy and sell orders are balanced, but the negative funding rate of -0.008% reveals short position cost pressure. The last 1-hour candlestick volume sharply shrank, yet the price remains high at 79316, a typical passive short absorption, indicating a short squeeze structure is brewing.

🎯Direction: Pullback to go long

⚡Entry/Orders: When the price retraces to the 76922.9 - 78915.5 range lower boundary, buy in batches.

🛑Stop loss: 75133.2

🚀Target 1: 80502.4

🚀Target 2: 82292.1

🛡️Trade management: - Execution strategy: After the price hits the first target of 80502, reduce position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above 78915 and weakens, exit early.

The 1-hour EMA50 forms dynamic support at 76887, resonating with the lower boundary of the entry zone. The 4-hour buy orders continue to push higher, with the price already above all moving averages, indicating a strong structure. The current risk-reward ratio is close to 1:2.4, making the odds favorable. The key is whether the price can volume again after a volume contraction to break through the previous high of 79370, which will confirm the start of the short squeeze. Position volume remains stable, with no signs of large-scale profit-taking by longs, and the capital support is obvious.

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