【$BTC Signal】Pullback to Long: 1H Level Consolidation with Reduced Volume, Key 4H Support Battle
$BTC The 1H timeframe is consolidating with decreasing volume around 65700, with price close to EMA20_1h (66023), and bulls and bears are in a brief balance. The 4H timeframe remains in a wide oscillation zone between 65000-68000, but open interest (OI) stays stable, with no signs of panic selling, and major players have not been unloading large positions. Market depth shows a sell wall of 20.56 BTC at 65763.8, creating short-term resistance, but buy orders below are still substantial. The market logic suggests a price decline with stable positions, but caution is needed for a short squeeze rebound after long liquidation.
🎯Direction: Long (Long)
⚡Entry/Order: 65650 - 65700
🛑Stop Loss: 65000
🚀Target 1: 66500
🚀Target 2: 67200
🛡️Trade Management: - Position suggestion: Light position - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss up to entry price. Hold remaining position to aim for Target 2. If the price breaks below EMA20_1h with increased volume on the 1H timeframe, exit early.
Depth Logic: Currently, the 1H RSI (42.14) is in a neutral to slightly weak zone, not oversold, but the 4H RSI (44.55) also remains unbroken, indicating limited downside momentum. The key point is whether the 4H timeframe can form a double bottom support in the low zone of 65000-65300. ATR is as high as 964 points, indicating high volatility, so a light position is advisable. The imbalance in order book—65.07% sell pressure—shows concentrated selling. Once the sell wall above is cleared, the rebound could be very rapid. This is a typical game at the lower boundary of a consolidation zone, with a favorable risk-reward ratio.
Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market!
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$BTC Signal】Pullback to Long: 1H Level Consolidation with Reduced Volume, Key 4H Support Battle
$BTC The 1H timeframe is consolidating with decreasing volume around 65700, with price close to EMA20_1h (66023), and bulls and bears are in a brief balance. The 4H timeframe remains in a wide oscillation zone between 65000-68000, but open interest (OI) stays stable, with no signs of panic selling, and major players have not been unloading large positions. Market depth shows a sell wall of 20.56 BTC at 65763.8, creating short-term resistance, but buy orders below are still substantial. The market logic suggests a price decline with stable positions, but caution is needed for a short squeeze rebound after long liquidation.
🎯Direction: Long (Long)
⚡Entry/Order: 65650 - 65700
🛑Stop Loss: 65000
🚀Target 1: 66500
🚀Target 2: 67200
🛡️Trade Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss up to entry price. Hold remaining position to aim for Target 2. If the price breaks below EMA20_1h with increased volume on the 1H timeframe, exit early.
Depth Logic: Currently, the 1H RSI (42.14) is in a neutral to slightly weak zone, not oversold, but the 4H RSI (44.55) also remains unbroken, indicating limited downside momentum. The key point is whether the 4H timeframe can form a double bottom support in the low zone of 65000-65300. ATR is as high as 964 points, indicating high volatility, so a light position is advisable. The imbalance in order book—65.07% sell pressure—shows concentrated selling. Once the sell wall above is cleared, the rebound could be very rapid. This is a typical game at the lower boundary of a consolidation zone, with a favorable risk-reward ratio.
Check real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market!