【$BTC Signal】High-level oscillation, waiting for a pullback confirmation

$BTC The 1H timeframe repeatedly tests near the upper Bollinger Band, MACD momentum bars begin to contract, signs of a break in buying pressure are emerging. The 4H timeframe price remains above the EMA20, but trading volume has not continued to increase, indicating clear support from funds, but the willingness to actively push higher is weakening.

🎯Direction: Watchful (buy on pullback)

⚡Entry/Order: 71300 - 71500

🛑Stop Loss: 70900

🚀Target 1: 72300

🚀Target 2: 72800

🛡️Trade Management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Order book depth shows sell orders accumulating around 71760; a direct breakout requires stronger momentum. The 1-hour RSI has fallen back from high levels to 53, providing room for a pullback. Position holdings remain stable, with no large-scale exits, and the bullish structure remains intact. The current risk-reward ratio is not attractive; patience is advised until the price pulls back to the 1-hour EMA50 and the support zone where the high from 4 hours ago was broken, which is a safer entry point.

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