$BTC Signal】Long - 1H Strong Breakout, Main Force Clearly Protecting the Market



$BTC The 1H timeframe just experienced a volume breakout above EMA20 (69957) and reached a new high, indicating strong momentum. The 4H timeframe is holding above EMA50 (69792), forming multi-timeframe resonance. Market depth shows very strong buy orders, and the main force's intention to defend the market is clear. This is a typical signal of a short squeeze starting.

🎯Direction: Long (Long)

🎯Entry/Order Placement: Enter directly within the current price range of 70800 - 70850 (Reason: Confirmation of 1H breakout, strong buy order support )

🛑Stop Loss: 70100 (Reason: Break below the previous high of 69967 and EMA20 support on the 1H timeframe )

🚀Target 1: 71500 (Reason: Previous resistance level )

🚀Target 2: 72500 (Reason: 4H previous high area and 1.618 Fibonacci extension level )

🛡️Trade Management:

- Position Size Recommendation: Standard position (Reason: Multi-timeframe resonance, clear signals )

- Execution Strategy: After reaching 71500, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 70800. If the price strongly breaks through 71500, move the stop loss up to 71000 to aim for the second target.

Depth Logic: The 1H RSI is as high as 71.63, showing strength but not extremely overbought, leaving room for further upward movement. The key point is that open interest (OI) remains stable while the price rises strongly. Combined with order book imbalance—71.67% (sell orders far thinner than buy orders)—this is a typical feature of main force controlling the market to accumulate before a rally, with short sellers facing a risk of being squeezed. The 4H candlestick has formed a bullish engulfing pattern, confirming a trend reversal.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
BTC-1,1%
ETH-3,84%
SOL-0,24%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)