【$BTC Signal】Pullback to accumulate for rebound, 1H oversold + 4H support resonance

$BTC The 1H timeframe is in oversold territory, with the price repeatedly testing support in the 65000-65600 range. Looking at the 4H timeframe, the price has fallen to the lower end of the previous consolidation platform, and after breaking below EMA50 (66721), there is a need for a rebound. Currently, the 1H RSI is only 33.58, indicating a basis for a technical rebound. The order book shows sell orders accumulating around 65386 (4.691 BTC), but the buy side below remains relatively thick. Market logic suggests “price decline,” but open interest remains stable, indicating it’s not major capital outflow. It’s more like a short-term liquidation of longs triggering a stampede, creating conditions for a rebound.

🎯Direction: Long (Long)

⚡Entry/Order: 65200 - 65400

🛑Stop Loss: 64800

🚀Target 1: 66200

🚀Target 2: 66800

🛡️Trading Management:
- Position suggestion: Light position
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price consolidates in the entry zone for more than 4 hours without improvement, exit proactively.

Deep logic: Open interest remains stable and has not decreased significantly with the price drop, indicating no large-scale capital fleeing. The 1H RSI is severely oversold, suggesting a need for technical correction. The 4H candlestick forms a long lower shadow at 65080, showing buying support at that level. Combined with the order book imbalance of -45.34%, although selling pressure is large, it is concentrated. Once absorbed, the rebound speed will be rapid. This is a typical panic sell-off scenario, presenting a short-term rebound opportunity for strategic play.

Check real-time market 👇 $BTC

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