【$BTC Signal】Bullish! 1H breakout confirmed, funds clearly supporting the rally

$BTC The 1H timeframe has stabilized above the EMA20 (69758) with increased volume breaking through the psychological level of 70000. The 4H timeframe is holding above EMA50 (69732), forming multi-timeframe resonance support. The current price is consolidating strongly around 70220, with buy orders significantly deeper than sell orders (imbalance of 62.95%), and open interest remains stable, indicating that the main funds are supporting the price rather than short-sellers pushing down. This is a typical short squeeze buildup pattern.

🎯Direction: Long (Long)

🎯Entry: 70150 - 70250 (Reason: 1H candlestick retraced to confirm EMA20 support zone, with dense buy orders in the order book )

🛑Stop Loss: 69400 (Reason: Break below the previous low on 1H and critical support at 4H EMA50 )

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

🚀Target 2: 71800 (Reason: Based on recent volatility’s 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size: Standard position (Reason: 1H/4H resonance, clear technical structure, risk-reward ratio >1.5 )

- Execution Strategy: After price reaches 71000, reduce position by 50% to lock in profits, and move the remaining stop loss to the entry price (break-even). If the price cannot hold above 70500 and quickly falls back to the entry zone, exit immediately and wait on the sidelines.

Depth Logic: The 1H RSI (64) is in a healthy bullish zone with no overbought signals. The past 4 hours’ candlesticks show a “lower shadow bottoming + bullish body” pattern, indicating strong support below. Open interest (OI) remains stable at around 78,700 BTC, combined with a positive funding rate (0.0060%) but not overheated, suggesting healthy leverage among bulls and a solid foundation for upward movement. Market logic indicates that rising prices accompanied by main force entry are the most ideal bullish signals.

Trade here 👇 $BTC

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