【$BTC Signal】Bullish momentum exhaustion, waiting for a pullback to go long

$BTC 1H level RSI surges to 71, buying depth imbalance reaches 89%, but MACD histogram begins to contract, price is tightly hugging the 1H Bollinger upper band. The 4H MACD is still expanding, but the latest 4-hour candlestick body narrows, volume drops sharply, and high-level chasing funds are clearly hesitant.

🎯Direction: Wait and see, wait for a pullback to place long orders.

⚡Entry/Order placement: Layered accumulation in the 72745 - 74137 range.

🛑Stop loss: 71045.

🚀Target 1: 76144.

🚀Target 2: 77843.

🛡️Trade management: - Execute strategy: After reaching Target 1, halve the position, and move the remaining stop loss to the entry price. If the price cannot stabilize above the upper boundary of the entry zone, actively abandon the trade.

The buy order depth in the order book is 17 times that of the sell orders, such deep imbalance usually indicates strong support below, but it could also mean large funds are placing orders at key levels to support the price. The 1-hour timeframe shows decreasing volume and stagnation, combined with weakening MACD momentum, reducing the probability of a short-term breakout above the previous high. A more cautious strategy is to wait for the price to pull back to the dense EMA zone, using risk control to find a better risk-reward position. Currently, this position's risk-reward ratio isn't optimal, but the structure isn't bad, and the capital support is clear.

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