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Follow me to send New Year wealth explosion or like 🤑 Get real-time market quotes daily【$BTC signals】Bullish healthy pullback and absorption
$BTC experienced a healthy pullback near the all-time high, with price decline accompanied by high open interest, showing a typical bullish leverage wipeout rather than main force distribution. Buying pressure continues to absorb selling pressure at key support zones, which is a cooling and resetting before a breakout.
🎯 Direction: Long
🎯 Entry: 87500 - 88000
🛑 Stop Loss: 86500 ( Rigid Stop Loss )
🚀 Target 1: 91000
🚀 Target 2: 93500
$BTC Price consolidates tightly above the breakout structure, with increased volume but no panic selling, indicating that selling pressure has been effectively absorbed. Price correction under high open interest is a typical leverage wipeout, clearing floating positions for subsequent upward movement. As long as the support zone of 86500-87000 remains intact, the market structure remains bullish, and upward breakout is the higher probability path.
Trade here 👇 $BTC
-$BTC
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