【$BTC Signal】Dual-sided Order Book Script! 1H Oversold Rebound Play vs 4H Trend Breakdown Risk

$BTC The 1H timeframe shows price stagnation and extreme volume contraction in the 68700-68900 range, with RSI(1H) reaching 36.69 into oversold territory, indicating a technical rebound demand. However, a long bearish candle just closed on the 4H chart, breaking below the EMA20(69086) key support, signaling a weakening trend. Currently, it is a confrontation point between the 1H oversold rebound and the 4H downtrend, with volatility about to increase.

🎯 Direction: Wait and see ( Dual-sided orders )

⚡ Script A: Oversold rebound to go long

🎯 Entry/Order: 68600 - 68800 ( Reason: 1H previous low support zone + RSI oversold area )

🛑 Stop loss: 68200 ( Reason: Break below recent swing low + ATR(1H) lower band )

🚀 Target 1: 69500 ( Reason: 1H EMA20 resistance + previous hour high )

🚀 Target 2: 70200 ( Reason: Starting point of the 4H downtrend, strong resistance )

⚡ Script B: Trend breakdown shorting

🎯 Entry/Order: Short after breaking below 68200 ( Reason: Confirmed 1H support failure, open downward space )

🛑 Stop loss: 68700 ( Reason: Reclaimed above original support zone )

🚀 Target 1: 67500 ( Reason: Previous low area on the daily chart )

🚀 Target 2: 66800 ( Reason: 1.618 Fibonacci extension level )

🛡️ Trading management:

- Position size suggestion: Light ( Reason: Unclear direction, dual-sided play, higher risk )

- Execution strategy: Only trigger one script! If Script A is triggered and target 1 is reached, reduce position by 50%, move stop loss to entry point. If Script B is triggered, use a trailing stop, moving it up by 300 points each time the price drops.

Deep logic: Market logic suggests “price decline combined with position volume analysis,” but OI trend shows “Stable,” with no panic liquidation causing OI to plummet. This may not be main force distribution but passive stop-loss by longs. Order book depth imbalance at 50.61%, buy-side thickness remains decent. The key is the contest in the 68200-68800 range; breaking below favors bears, holding above offers bulls a rebound chance. Negative funding rates imply short-term dominance by bears but also provide potential fuel for short covering.

Trade here 👇 $BTC

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