【$BTC Signal】Long - 1H pullback confirmation, main force clearly defending the market

$BTC The 1H timeframe is currently undergoing a healthy pullback after breaking above EMA20, with prices strongly consolidating in the 70300-70400 range. The 4H timeframe has already stabilized above EMA50, and the latest 4H candlestick closed above the previous high, indicating a shift to a bullish trend. The current price refuses to drop sharply, combined with negative funding rates and stable open interest, the main force's intention to defend the market is clear. This is a typical short squeeze buildup pattern.

🎯Direction: Long (Long)

🎯Entry/Order: 70350 - 70400 (Reason: Dynamic support at 1H EMA20 + current strong consolidation platform )

🛑Stop Loss: 69900 (Reason: Break below 1H previous low 70114.8 and 4H EMA50 support )

🚀Target 1: 71000 (Reason: Previous high resistance level )

🚀Target 2: 71800 (Reason: 4H Fibonacci extension level 1.382 of the previous wave )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H/4H cycle resonance, risk-reward ratio >1.5 )

- Execution strategy: After price reaches 71000, reduce position by 50% and move stop loss up to entry level 70350. The remaining position aims for the second target; if the price pulls back to the entry zone, consider adding to the position.

Depth logic: The order book shows a large sell order at (70364.3) with 8.25 BTC, but the price remains firm. This is a typical signal of main force suppressing the price to accumulate. Open interest trend is stable, and negative funding rate (-0.0004%) fuels the short squeeze. The 1H RSI (61.28) is in a healthy bullish zone, not overbought, with ample room for upward movement. The 4H candlestick buy/sell ratio has multiple consecutive readings >0.5, indicating continuous institutional capital inflow.

Trade here 👇 (
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