【$BTC Signal】1H price-volume divergence, waiting for pullback confirmation

$BTC 1H-level price made a high of 69,219, but the corresponding trading volume shrank, showing a break in buying momentum. The 4-hour Bollinger Band upper band at 70,273 creates resistance, and the 1-hour MACD histogram narrows below the zero axis; bearish momentum is weakening but not reversing. Order book depth shows a clear buildup of sell orders above 69,118, and the intention of capital to provide support is exposed in the 68,600-68,800 area.
🎯Direction: Wait and see(Place buy orders to go long with limit orders)
⚡Entry/Place orders: Stage positions in the 68,650-68,800 range
🛑Stop loss: Below 68,400
🚀Target 1: 69,200
🚀Target 2: 69,550
🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss up to the entry level. If the price drops back to the entry level, automatically exit to protect the principal.
Position size remains stable, funding rate is slightly positive, and there is no extreme short-squeeze risk. The 1-hour RSI has fallen back from 54, offering healthier room for a pullback. When the risk-reward ratio is above 1.5, this kind of waiting is worth it. There are dense buy limit orders around 68,500 below, so there is a higher probability that selling pressure will be quickly absorbed.
View real-time market 👇 $BTC
---
Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#Gate广场四月发帖挑战 #加密市场行情震荡 #国际油价走高