【$BTC Signal】Long | 1H volume breakout, clear intention of main force to support the market
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly above EMA20_1h (69113) and approaching EMA50 on the 4H timeframe (69756). Key bullish signals: during the 11:00 1H candle, the price surged from 69633 to 70464, accompanied by a sharp increase in volume (12955 vs previous 1814), with buy orders accounting for 61%, a typical sign of active buying pressure. Although the 4H chart remains volatile overall, the momentum on the 1H level has already initiated, and short-term opportunities should not be missed.
🎯 Direction: Long (Long)
🎯 Entry/Order: Near the current price of 70388 or a pullback to the 70000-70100 zone (Reason: a retest zone after the 1H breakout, also close to EMA20_1h dynamic support)
🛑 Stop Loss: 69400 (Reason: a break below the start of the large bullish candle at 69633 and EMA20_1h support, ATR_14 approximately 1092, providing about 500 points buffer)
🚀 Target 1: 71500 (Reason: previous high and psychological resistance level)
🚀 Target 2: 72800 (Reason: 1.618 Fibonacci extension level, corresponding to the upper boundary of recent consolidation zone)
🛡️ Trading Management:
- Position size suggestion: Standard position (Reason: clear volume breakout signal on 1H, resonating with the rebound on 4H, but remain cautious as the overall market is still in consolidation)
- Execution strategy: After entering, if the price rises quickly, reduce half of the position near Target 1 (71500), and move the stop loss of the remaining position to the entry price (breakeven). If the price fails to hold above 70500 and falls back into the entry zone, consider actively exiting and observing.
Deep logic: Open interest (OI) remains stable, with no decline during the price rise, indicating it’s not just short covering (short squeeze), but new long capital entering. Funding rate is negative (-0.0025%), reducing holding costs. Market depth shows heavy buy orders accumulated (large buy orders in the 70409-70412 range), with solid support below. The 1H RSI (75.86) is high but not overbought, leaving room for further upward movement. Market logic suggests “price rising, consider whether the main force is entering or shorts are being squeezed,” current data more supports the main force supporting the market.
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【$BTC Signal】Long | 1H volume breakout, clear intention of main force to support the market
$BTC The 1H timeframe has just completed a volume breakout, with the price strongly above EMA20_1h (69113) and approaching EMA50 on the 4H timeframe (69756). Key bullish signals: during the 11:00 1H candle, the price surged from 69633 to 70464, accompanied by a sharp increase in volume (12955 vs previous 1814), with buy orders accounting for 61%, a typical sign of active buying pressure. Although the 4H chart remains volatile overall, the momentum on the 1H level has already initiated, and short-term opportunities should not be missed.
🎯 Direction: Long (Long)
🎯 Entry/Order: Near the current price of 70388 or a pullback to the 70000-70100 zone (Reason: a retest zone after the 1H breakout, also close to EMA20_1h dynamic support)
🛑 Stop Loss: 69400 (Reason: a break below the start of the large bullish candle at 69633 and EMA20_1h support, ATR_14 approximately 1092, providing about 500 points buffer)
🚀 Target 1: 71500 (Reason: previous high and psychological resistance level)
🚀 Target 2: 72800 (Reason: 1.618 Fibonacci extension level, corresponding to the upper boundary of recent consolidation zone)
🛡️ Trading Management:
- Position size suggestion: Standard position (Reason: clear volume breakout signal on 1H, resonating with the rebound on 4H, but remain cautious as the overall market is still in consolidation)
- Execution strategy: After entering, if the price rises quickly, reduce half of the position near Target 1 (71500), and move the stop loss of the remaining position to the entry price (breakeven). If the price fails to hold above 70500 and falls back into the entry zone, consider actively exiting and observing.
Deep logic: Open interest (OI) remains stable, with no decline during the price rise, indicating it’s not just short covering (short squeeze), but new long capital entering. Funding rate is negative (-0.0025%), reducing holding costs. Market depth shows heavy buy orders accumulated (large buy orders in the 70409-70412 range), with solid support below. The 1H RSI (75.86) is high but not overbought, leaving room for further upward movement. Market logic suggests “price rising, consider whether the main force is entering or shorts are being squeezed,” current data more supports the main force supporting the market.
Trade here 👇 $BTC
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