【$BTC Signal】Pullback Long + 4H Trend Support Confirmed

$BTC 1H level stabilizes with reduced volume at key support, 4H level EMA50 (approximately 69637) forms strong trend support, price retracing back to optimized entry zone. 1H RSI has rebounded from oversold territory, showing exhaustion of bearish momentum. Open interest remains stable, negative funding rate suggests shorts need to pay fees, laying groundwork for potential short squeeze. Order book shows selling pressure concentrated near 70850, breakout will accelerate upward movement.

🎯Direction: Long

⚡Entry/Pending Order: 70300 - 70423

🛑Stop Loss: 69250

🚀Target 1: 75115

🚀Target 2: 77460

🛡️Trade Management:

- Execution Strategy: Reduce position by 50% upon reaching Target 1, and move stop loss up to entry price. Trail remaining position with take-profit; if price retraces and breaks below the adjusted stop loss line, exit entire position.

Deep Logic: 4H chart shows price receiving strong buy support after touching EMA50 trendline, forming potential double-bottom structure. 1H level buy depth strengthens at key levels; despite slight overall order book imbalance, pullback on reduced volume is a healthy signal. Combined with negative funding rate and stable open interest, market structure leans toward bulls accumulating strength, awaiting upward momentum release. 69250 below serves as previous low and structural support, representing clear defensive line.

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