【$BTC Signal】Bullish buildup, sniper entry for 1H breakout retest
$BTC The 1H timeframe is consolidating strongly above EMA20 (~67712), with the latest hourly candle showing increased volume and a surge, pushing the price above 68000. The 4H timeframe remains in a consolidation zone under the resistance of EMA50 (~68818), but the 1H momentum has already turned strong, open interest (OI) is stable, and the price remains firm under negative funding rates, indicating potential short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 68050 - 68100 (Reason: 1H closes above EMA20 and breaks previous hourly high )
🛑Stop Loss: 67700 (Reason: Break below 1H EMA20 support and previous low )
🚀Target 1: 68500 (Reason: Recent high resistance on 4H timeframe )
- Position size suggestion: Light (Reason: 4H trend is not fully clear, focus on short-term trading )
- Execution strategy: After price reaches 68500, reduce position by 50% and move stop loss to entry point. Use remaining position to aim for the second target; if price retraces into the entry zone and breaks below, exit unconditionally.
Deep logic: Market depth shows buy orders significantly thicker than sell orders (depth imbalance 71.27%), indicating strong support from major players. The 1H RSI (54.8) is in a healthy upward range, not overbought. Negative funding rates combined with stable prices suggest classic signs of a short squeeze. Stable OI indicates that the move is not solely driven by forced liquidations but also by new funds entering at this level. The key is whether the price can break through the 4H EMA50 resistance in one go, opening up upside space.
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【$BTC Signal】Bullish buildup, sniper entry for 1H breakout retest
$BTC The 1H timeframe is consolidating strongly above EMA20 (~67712), with the latest hourly candle showing increased volume and a surge, pushing the price above 68000. The 4H timeframe remains in a consolidation zone under the resistance of EMA50 (~68818), but the 1H momentum has already turned strong, open interest (OI) is stable, and the price remains firm under negative funding rates, indicating potential short squeeze.
🎯Direction: Long (Long)
🎯Entry/Order: 68050 - 68100 (Reason: 1H closes above EMA20 and breaks previous hourly high )
🛑Stop Loss: 67700 (Reason: Break below 1H EMA20 support and previous low )
🚀Target 1: 68500 (Reason: Recent high resistance on 4H timeframe )
🚀Target 2: 68850 (Reason: 4H EMA50 and key psychological level )
🛡Trade Management:
- Position size suggestion: Light (Reason: 4H trend is not fully clear, focus on short-term trading )
- Execution strategy: After price reaches 68500, reduce position by 50% and move stop loss to entry point. Use remaining position to aim for the second target; if price retraces into the entry zone and breaks below, exit unconditionally.
Deep logic: Market depth shows buy orders significantly thicker than sell orders (depth imbalance 71.27%), indicating strong support from major players. The 1H RSI (54.8) is in a healthy upward range, not overbought. Negative funding rates combined with stable prices suggest classic signs of a short squeeze. Stable OI indicates that the move is not solely driven by forced liquidations but also by new funds entering at this level. The key is whether the price can break through the 4H EMA50 resistance in one go, opening up upside space.
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