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【$BTC Signal】1H breakout and pullback, capital support clearly intended
$BTC 1H level price breaks above the upper Bollinger Band, MACD histogram continues to expand.
On the 4H timeframe, buying depth forms a gap around 72,200, but there are very thick orders below at 70,900-71,100, fully exposing the capital support intention.
🎯Direction: Long
⚡Entry: Buy in batches on pullback around 70,970-71,095
🛑Stop loss: Below 70,850
🚀Target 1: 71,595
🚀Target 2: 71,845
🛡️Trade management:
- Execution strategy: Halve the position after the price reaches 71,595, and move the remaining stop loss up to the entry price.
- If the price cannot hold above 71,300, consider exiting early.
Position volume remains stable, negative funding rate coexists with firm prices, and short squeeze risk is accumulating.
The 1-hour RSI has fallen back from 63, providing a healthy retracement space.
Order book data shows selling pressure concentrated above 72,200, but buy orders below 71,000 are several times the sell orders, indicating a deep imbalance that often signals an upward pulse.
Risk-reward ratio is close to 4:1, making this setup worth a try.
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