【$BTC Signal】Bullish - Healthy Pullback and Divergence in Open Interest
$BTC After reaching a new high, a healthy pullback occurred, with the price declining while open interest increased, indicating that the decline is driven by long liquidation rather than main force distribution. The key support zone below shows strong buying absorption.
🎯 Direction: Long
🎯 Entry: 86000 - 86500
🛑 Stop Loss: 84500 ( Rigid Stop Loss )
🚀 Target 1: 89000
🚀 Target 2: 92000
$BTC Consolidating above the previous high breakout zone of 86000-87000, the price is declining but open interest remains high. This is a typical bear trap and a healthy reset signal for long positions. On the lower timeframe, selling pressure is weakening, and buying continues to absorb at key support zones. As long as the price stays above 85000, the probability of regaining upward momentum is very high.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
3 Likes
Reward
3
2
Repost
Share
Comment
0/400
8U2A9
· 3h ago
Good analysis👍🏻
View OriginalReply0
IDareNot
· 9h ago
Sigh, I should have done it earlier. Now I'm completely lost, speechless. What should I do?
【$BTC Signal】Bullish - Healthy Pullback and Divergence in Open Interest
$BTC After reaching a new high, a healthy pullback occurred, with the price declining while open interest increased, indicating that the decline is driven by long liquidation rather than main force distribution. The key support zone below shows strong buying absorption.
🎯 Direction: Long
🎯 Entry: 86000 - 86500
🛑 Stop Loss: 84500 ( Rigid Stop Loss )
🚀 Target 1: 89000
🚀 Target 2: 92000
$BTC Consolidating above the previous high breakout zone of 86000-87000, the price is declining but open interest remains high. This is a typical bear trap and a healthy reset signal for long positions. On the lower timeframe, selling pressure is weakening, and buying continues to absorb at key support zones. As long as the price stays above 85000, the probability of regaining upward momentum is very high.
Trade here 👇 $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励 #黄金白银再创新高 #特朗普取消对欧关税威胁 #GateWeb3正式升级为GateDEX