$BTC Signal】1H-level short squeeze pullback, aiming at the breakout


$BTC 1H level surges to 76009, then pulls back; buying depth is imbalanced by 4.64%, and the intention to provide capital support is clear. The 1H MACD fast line and slow line form a bearish crossover, while the histogram narrows, showing bearish momentum has begun to exhaust. Price keeps running just above the 1H Bollinger middle band at 74380, with selling pressure quickly digested.

Go long directly from this level: enter around the current price of 74980, and place your defense below 74005. Look for a push up to 78054; the second target is set at 79404.

OI stays stable. The negative funding rate of -0.0037% suggests pressure on short positions’ costs, and price remains firm above the key moving-average cluster. Buy orders on the 1-hour timeframe continue to lift the price. The range from 74605 to 75355 is a dense trading zone, and the pullback after the breakout provides a good risk-reward ratio. Current market sentiment leans toward using small pullbacks to continue pushing higher, rather than a deep sell-off.

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