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【$BTC Signal】Long Position: Healthy Pullback for Accumulation
$BTC After reaching a new high, it experienced a -2.34% healthy pullback, with price action indicating profit-taking and long liquidation rather than main force distribution. Open interest remains high, indicating the market structure has not been broken, and buying pressure during the decline is evident.
🎯 Direction: Long
🎯 Entry: 88500 - 89200
🛑 Stop Loss: 86500 ( Rigid Stop Loss )
🚀 Target 1: 91500
🚀 Target 2: 93500
$BTC Price reset near the key psychological level of 90000, with increased volume but no panic selling. The pullback is supported by the previous breakout structure, confirming a typical pullback after a breakout. On the lower time frame, selling pressure is quickly absorbed, indicating institutional buying is still present. Open interest has not decreased significantly, suggesting this is just a long leverage wipeout, preparing for the next upward push.
Trade here 👇 $BTC
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