$BTC Signal】Pullback to Long! 1H RSI Bottom Divergence, Clear Signs of Main Force Supporting the Market



$BTC The 1H timeframe repeatedly tests the key support zone (70300-71000). Prices are falling but open interest remains stable, indicating that major players are not dumping heavily, more like cleaning out long leverage. The 1H RSI has shown bottom divergence signals, and the current price has broken below the 1H EMA20, far from the moving average, making it an ideal point for a pullback to go long. The 4H timeframe is still in an upward channel, with EMA50 (68928) providing strong support, and the trend remains intact.

🎯Direction: Long (Pullback to Long)

⚡Entry/Orders: 69402 - 70349, staggered entries within the range

🛑Stop Loss: 68500

🚀Target 1: 72000

🚀Target 2: 73500

🛡️Trade Management:

- Execution Strategy: Build positions in two batches within the suggested range. After reaching Target 1, reduce by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks above the 1H EMA20, exit all positions.

(Depth Logic: The price has pulled back from 73500, but the 4H open interest remains stable, with no signs of panic selling. The 1H RSI (42.43) is near oversold levels and shows bottom divergence, indicating weakening downward momentum. The order book shows a large sell order at 70939.5, but buy orders below 70900 are still substantial, suggesting possible accumulation by major players. Negative funding rates imply short-term dominance by bears, and a rebound could trigger short covering.

)View real-time market 👇 $BTC

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