$BTC Signal
Pullback to go long
$BTC The 1H level price is consolidating strongly above the middle band of the Bollinger Bands, with buy orders 3.69 times deeper than sell orders, fully exposing the capital support intention. The 4H MACD lines are diverging upward, with the momentum bars continuously expanding, indicating a stable bullish pattern.
When the price pulls back to around 73,794, it can directly enter a long position, which is the resonance support between the 1H EMA50 and the previous high-volume trading zone.
Defense must be placed below 71,916; losing this level means the short-term structure is broken.
The first target is 77,549, which is the upper band of the 4H Bollinger Bands and the resistance zone of the previous high. The second target is 79,427, as a potential extension of the trend.
After reaching the first target, halve the position, and move the remaining stop-loss to the entry price. If the price cannot stabilize in the entry area, decisively exit and observe.
Currently, with a negative funding rate and stable open interest, the pattern of passive payments by the bears remains unchanged. The 1-hour trading volume significantly increases during price rallies, showing clear active buying characteristics. The order book depth shows 57.33% of orders favor buyers, and large orders support effectively absorb short-term selling pressure. In this environment, a pullback is an opportunity, and a risk-reward ratio over 1:2 is worth trying.
