【$BTC Signal】Pullback to Long: 1H Level V-Shaped Reversal, Main Force Showing Signs of Support

$BTC The 1H level completed a V-shaped reversal near 66,500, with the price regaining above the short-term moving averages. The 4H level remains in a consolidation zone between 67,000 and 68,000, but open interest remains stable, with no signs of panic selling, indicating that the main force is supporting the market during the decline. Currently, the 1-hour RSI has rebounded from oversold territory to 44.5, and momentum is recovering. The order book shows deep buy-side support, with selling pressure concentrated above 67,500.

🎯Direction: Long

⚡Entry/Orders: 66,470 - 66,970 staggered entries

🛑Stop Loss: 65,800

🚀Target 1: 67,800

🚀Target 2: 68,500

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price stalls near Target 1 and pulls back, consider taking full profits.

(Depth Logic: The price is declining but open interest remains stable. Coupled with negative funding rates, this looks more like long leverage liquidation rather than main force distribution. The 1-hour candlestick formed a double bottom at 66,500 and rebounded with increased volume, showing active buying. Key resistance above is the 4-hour EMA20 (around 68,400). Breaking through this level would open the way for further upside. )

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