【#Gate蓝龙虾重磅上线 Signal】1H level pullback confirmation, sniping continuation of 4H trend The 1H level is currently oscillating near the critical EMA20 moving average. After retreating from the high point, the price has formed a short-term support platform in the 69500-70000 range. The 4H level remains within an upward channel, with the price stable above EMA50, and the main trend remains intact. Currently, the 1H RSI has fallen from the overbought zone to a neutral slightly weak position, gathering strength for another upward move. Open interest remains stable with no signs of panic outflows. Combined with negative funding rates, there is a risk of short squeeze for the bears. 🎯Direction: Long ⚡Entry/Order: 69220 - 69824 🛑Stop Loss: 68088 🚀Target 1: 71484 🚀Target 2: 72617 🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. The remaining position will follow a trailing stop to aim for Target 2. If the price cannot hold above 69800 or falls below 69200 support again, exit early and observe. Deep Logic: The order book shows an imbalance in buy and sell depth. Selling pressure is concentrated above 69560. Once this dense area is broken, upward space will open. Buy orders in the 69300-69500 range have been repeatedly absorbed, forming effective support. The 4H price structure remains healthy, with EMA50 (68694) as the last line of defense for the bulls. Negative funding rates indicate that short positions need to pay fees, which will intensify the upward momentum as short covering occurs if the price does not fall. View real-time market 👇 $BTC --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $BTC $BTC