【$BTC Signal】1H Breakout Confirmation, Pullback Opportunity in the Main Uptrend

$BTC The 1H timeframe is showing strong consolidation above EMA20, and the 4H timeframe has broken through the downtrend line, forming a V-shaped reversal pattern. The current price is oscillating around 69,000, which is a healthy pullback after a strong breakout, preparing for the next rally. Open interest remains stable, funding rates are healthy, no signs of overheating, and the bullish pattern remains solid.

🎯Direction: Long (Long)

🎯Entry/Order: 68,700 - 68,850 (Reason: 1H EMA20 dynamic support zone + the upper edge of the previous hour’s dense trading area)

🛑Stop Loss: 68,200 (Reason: Falling below 1H EMA50 and previous low support destroys the bullish structure)

🚀Target 1: 69,500 (Reason: Previous high resistance and psychological level)

🚀Target 2: 70,500 (Reason: 4H previous wave high and 1.382 Fibonacci extension level)

🛡️Trade Management:

- Position Size Suggestion: Standard position (Reason: 4H trend reversal confirmed, 1H structure is clear, risk-reward ratio is excellent)

- Execution Strategy: After the price reaches 69,500 at Target 1, reduce position by 50%, and move the remaining stop loss to the entry price. If the price strongly breaks through 69,500 and stabilizes, the remaining position target can be set at 70,500.

Deep Logic: The 4H candlestick has closed bullish for three consecutive candles, indicating strong buying power. The latest candle is a doji, but volume has decreased, which is normal consolidation after a breakout. The 1H RSI is at 65, indicating a healthy bullish zone without overbought pressure. Market depth shows substantial buy orders below 68,800, providing strong support. Combined with rising prices and stable open interest, this suggests orderly accumulation by major funds rather than retail FOMO, indicating higher sustainability.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包