【$BTC Signal】Long - 1H Momentum Breakout, Clear Signs of Main Force Supporting the Market

$BTC The 1H timeframe has experienced a volume surge and is now consolidating at high levels. The key point is that the price has firmly broken above the 1H EMA20 (68823) and EMA50 (68150), which is a strong short-term bullish signal. Although the 4H macro trend is still oscillating and bottoming out, the momentum return on the 1H timeframe presents an excellent short-term sniper opportunity. Market depth data shows buy orders far exceed sell orders (depth imbalance 72.39%), and open interest remains stable, indicating no large-scale profit-taking by longs during the rally, with clear main force support.

🎯 Direction: Long (Long)

🎯 Entry/Order: Enter directly within the current price range of 69620 - 69650 (Reason: Stabilizing above the 1H dual moving averages, consolidating near the Asian session high)

🛑 Stop Loss: 69200 (Reason: Falling below recent 1H candlestick lows and EMA20 dynamic support)

🚀 Target 1: 70200 (Reason: Resistance at the previous day’s high)

🚀 Target 2: 71000 (Reason: 0.618 Fibonacci retracement level of the previous downward wave on the daily chart)

🛡️ Trading Management:

- Position size suggestion: Standard position (Reason: Trend resonance begins to emerge, risk-reward ratio >1.5)

- Execution strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price fails to break above 70000 and falls back below 69600, consider exiting early and observing.

Depth logic: The past few 1H candles show buy dominance (buy/sell ratio once reached 0.62), pushing the price through key moving average resistance. The 1H RSI is at 70.62, approaching overbought but not exhausted, leaving room for further upside. Market logic suggests “price rising, consider open interest,” and since OI remains stable, this looks more like new funds entering rather than purely short covering. The current negative funding rate also eliminates the risk of a long squeeze, favoring bullish conditions.

Trade here 👇 $BTC

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