【$BTC Signal】Long | 1H breakout and retest confirmation, main force clearly intends to support the market

$BTC The 1H timeframe, after experiencing an early rally, is currently in a healthy retest confirmation stage. The price is steadily above the 1H EMA20 (68590), and the large-volume bullish candle at 7-8 o'clock (significant increase in trading volume) is a clear momentum signal. Although the 4H level is suppressed by EMA50 (69678), the candlestick has already stabilized above the short-term moving averages, indicating a shift from weak to strong trend. Open interest remains stable, and the price is rising while positions are not decreasing, suggesting it is not purely a short squeeze but shows signs of main force support. Although the order book depth for buy orders is thin, there is a large accumulation of sell orders above 69200. Once broken, it could trigger a short squeeze.

🎯 Direction: Long (Long)

🎯 Entry/Order: 69050 - 69150 ( Reason: 1H EMA20 support zone + retest platform after early rally )

🛑 Stop loss: 68580 ( Reason: Break below 1H EMA20 and the previous 1H candle low, structure breakdown )

🚀 Target 1: 69600 ( Reason: Key resistance at 4H EMA50 )

🚀 Target 2: 70200 ( Reason: Previous high resistance zone and psychological level )

🛡️ Trading management:

- Position size suggestion: Standard position ( Reason: 1H and 4H short-term trend resonance, reasonable risk-reward ratio )

- Execution strategy: After reaching 69600 (Target 1), reduce position by 50%, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 69600 and stabilizes, hold the remaining position towards 70200.

Depth logic: 1H RSI (66.89) is in a strong zone but not overbought, leaving room for upward movement. The key point is that the funding rate is only 0.0032%, indicating no overheated bullish leverage, leaving space for healthy upward movement. Market logic suggests ‘price rising, please consider position volume,’ and with stable open interest, it leans towards ‘main force entering’ interpretation. The imbalance in order book depth—86.11% sell pressure concentrated—creates an ideal scenario for breakout trading—on thin ice, ready to break at any moment.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包