Bitcoin market bottom may be nearing, at least if measured against gold, analyst says 🟢

【$GALA Signal】Pullback to add longs + 1H level accumulation rebound The 1H level completed a quick dip around 0.0035 and then strongly rebounded, forming a long lower shadow, indicating strong buying support below. Although the 4H level is still under EMA50 resistance, the 1H has already stabilized above EMA20, and RSI has rebounded from oversold territory to 50, showing clear signs of momentum shift. The order book depth is much greater on the buy side than the sell side, indicating funds are accumulating at low prices. 🎯 Direction: Long $GALA Long( ⚡ Entry/Order: 0.00351 - 0.00353 🛑 Stop Loss: 0.00343 🚀 Target 1: 0.00368 🚀 Target 2: 0.00378 🛡️ Trading Management: - Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to hold above 0.0036 and falls back into the entry zone, it should be considered a false breakout and exited decisively. ) Depth Logic: The 1H candlestick saw a massive surge at 13:00, dominated by buy orders. Although overall open interest remains stable, the negative funding rate (-0.0312%( combined with firm price suggests a risk of short squeeze. The order book depth imbalance reaches 26.72%, with buy orders clustered between 0.0035-0.00355, providing a solid buffer for the price. After a bullish divergence at the bottom, the 1H RSI formed a golden cross, indicating short-term rebound momentum is building. ) View real-time market 👇 ) --- Follow me: Get more real-time analysis and insights on the crypto market! $GALA $BTC $ETH ‍$SOL #我在Gate广场过新年

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