【$BTC Signal】Pullback to Long + 4H Strong Support Confirmation

$BTC The 1H timeframe is oscillating near the critical EMA50 moving average, while the 4H timeframe has formed a solid support level in the 67000-68000 range, preventing deep declines. Open interest remains stable, and with negative funding rates, bears are not in control. This is a typical pullback to long structure.

🎯Direction: Long (Long)

⚡Entry/Order: 67563 - 67800

🛑Stop Loss: 66900

🚀Target 1: 68800

🚀Target 2: 69500

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining position’s stop loss up to the entry price. If the price strongly breaks above 69000 and stabilizes, move the remaining stop loss up to 68200 to seek greater gains.

Depth Logic: The 4-hour chart shows multiple dips around 67000 that are quickly pulled back, forming a strong support. The 1-hour RSI has recovered from oversold levels to a healthy zone, indicating weakening downward momentum. Although short-term buying depth appears slightly thin, open interest remains stable during price declines, suggesting that it is not major selling but rather bulls defending key levels. Combined with negative funding rates, there is potential for short squeeze momentum.

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