【$BTC Signal】Long | Healthy Pullback After Breakout

$BTC After a strong breakout, the price consolidates at a high level around the previous high. After consecutive long upper shadows on the 4H chart, the price pulls back above the breakout zone. This is a typical healthy reset after a breakout, not a top reversal. The funding rate turning negative indicates cooling overheated sentiment, which is favorable for subsequent upward movement.

🎯 Direction: Long

🎯 Entry: 69,500 - 70,100

🛑 Stop Loss: 68,300 ( Rigid stop loss, below the previous 4H candle low )

🚀 Target 1: 72,000

🚀 Target 2: 74,000

Logic: The price surged strongly from 64k to 71.7k and then consolidated within a narrow range above 70k. The 4H candles show that each pullback is quickly bought back, with selling pressure exhausted. Currently, the price is supported above the previous breakout level (around 69k), and the funding rate has fallen from high levels to slightly negative, providing a healthy emotional reset for the bulls. The order book shows dense buy support around 70.1k. As long as the price stays above 68.3k (a recent key low), the upward continuation structure after the breakout remains intact, increasing the likelihood of testing previous highs and new highs.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market!

‍#Gate广场创作者新春激励 #当前行情抄底还是观望？ $BTC $ETH $SOL