【$BTC Signal】Pullback Setup, Betting on Rebound and Recovery

$BTC The 1H timeframe is oscillating within the 68,000-69,500 range. The 4H Bollinger Bands lower band near 68,500 shows strong buying depth, quickly absorbing selling pressure. MACD on the 1-hour chart shows a preliminary bullish divergence, with bearish momentum bars continuously shrinking, yet the price has not made a new low, revealing a clear intention of support from funds.

🎯Direction: Long

⚡Entry/Order: 68,350 - 68,470

🛑Stop Loss: 67,270

🚀Target 1: 73,290

🚀Target 2: 75,700

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

Position size remains stable; the decline did not trigger a large-scale liquidation, indicating strong support from major players. The 1-hour RSI forms a double bottom around 35, with buying pressure continuously lifting prices. The current risk-reward ratio exceeds 4, making this a good opportunity to take limited risk for a potential rebound toward the midline. The order wall below at 68,100-68,300 is very thick, serving as the last line of defense for bulls intraday.

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