【$BTC Signal】Pullback confirmation completed, bulls strike again

$BTC 1 After the 1H EMA20 and EMA50 golden cross, the price pulled back to confirm that support is effective. The 4H MACD fast and slow lines are opening upward, the histogram bars continue to expand, and bullish momentum is still accumulating. The current price is trading around the upper half of the Bollinger Bands, but on the 1H timeframe the trading volume has significantly shrunk after the spike, and the buying power has shown a gap. The order book depth shows that the sell orders from sell-1 to sell-3 are much larger than the buy orders, and sell-side pressure above is starting to build.

🎯 Direction: Long (place pullback orders)

⚡ Entry/Order: 69210 - 69656

🛑 Stop Loss: 68950

🚀 Target 1: 71440

🚀 Target 2: 72330

🛡️ 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 falls back to the entry level, automatically exit to protect principal.

The 4-hour open interest remains stable, the funding rate is slightly positive, and there is no sign of extreme short-squeeze risk. The 1-hour RSI is hovering around 70, not entering the overbought zone, leaving room for the next upward move. The key thing to watch is whether the price can break above the previous high of 72086 with volume. If the breakout fails and open interest declines along with it, be alert for bulls to take profits. The current risk-reward ratio is close to 4:1, making it worth setting up a second push after a pullback.

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