$BTC Signal】Pullback on Long + 1H Oversold Rebound



$BTC The 1H timeframe is in the early stage of a rebound from oversold conditions, with the price repeatedly testing support in the 67500-68000 range. Although the 4H timeframe is still in a sideways downtrend channel, the 1H RSI has shown signs of bullish divergence, and the latest one-hour buy depth is significantly dominant, indicating short-term rebound momentum is building. Open interest remains stable, and the price decline has not triggered a large-scale long squeeze, suggesting initial signs of main force support.

🎯Direction: Long

⚡Entry/Order: 67294 - 67700 (in batches)

🛑Stop Loss: 66900

🚀Target 1: 68500

🚀Target 2: 69200

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. For the remaining position, trail the take profit; if the 1H close price falls below EMA20 (around 68350), exit all positions.

(Depth Logic: The 1H RSI has rebounded from below 30 to 36, indicating weakening selling pressure. The buy order depth is significantly thick, with a large accumulation of buy orders in the 67200-67500 range, forming strong intraday support. Although the 4H price is below EMA50, the downward momentum is shrinking, and combined with the oversold recovery needs on the 1H timeframe, a short-term rebound is imminent. )

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