【$PORTAL Signal】Pullback to Long + Short Squeeze Rebound $PORTAL 1H timeframe experienced a massive surge and is now consolidating strongly above a key support level, forming a flag pattern. A single large bullish candle on the 4H chart confirms a short-term bullish trend. The current price retraced to test the EMA20 (1H) for support, and the negative funding rate is as high as -0.6474%, indicating a strong expectation of a short squeeze. Open interest remains stable, suggesting funds have not exited, which is a sign of a secondary attack after a shakeout by the main force. 🎯Direction: Long (Long) ⚡Entry/Order: 0.01330 - 0.01340 🛑Stop Loss: 0.01290 🚀Target 1: 0.01420 🚀Target 2: 0.01480 🛡️Trade Management: - Position suggestion: Light position - Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price falls below the moving stop loss or the 1H close drops below 0.01310, exit all positions. Depth Logic: At 18:00, the 1H chart shows a massive surge, followed by a two-hour consolidation with decreasing volume, a typical healthy turnover. The order book shows buy depth (0.0132-0.0133) significantly thicker than sell depth, indicating a depth imbalance. The negative funding rate is extremely high, making short positions costly. Any stabilization could trigger short covering. The 1H RSI (64) still has room to rise, and combined with ATR (0.0006), the first target level is reasonable. View real-time market 👇 $PORTAL --- Follow me: Get more real-time analysis and insights on the crypto market!

Traders may rotate into Bitcoin if UBS’ bearish US stocks view comes true A UBS report dinged US stocks for being “overvalued” suggesting that better investment opportunities exist outside of US markets. Is this the next rally …

BTC is currently sluggish and slowly sliding down. To consider entering here, we need to see a decisive breakout with proper reversal patterns. For now, we only see small red candles with 0.2% movement. #CanBitcoinReclaim$70K?