【$BTC Signal】Consolidation at the 1H level, waiting for a breakout

$BTC The 1H candlestick is extremely converged within the $67,300-$67,800 range, with trading volume shrinking to a low point, indicating a typical pre-trend reversal sign. The 4H level remains in a wide oscillation zone between $66,500 and $68,900, but the EMA20 ($66,845) and EMA50 ($66,843) are nearly aligned, forming a strong support band below. Current order book depth shows the best ask (at $67,436.1) has a stacked sell order of 5.647 BTC, creating short-term resistance, but buy orders below are dense, with bulls and bears in fierce confrontation here.

🎯 Direction: Watch and wait (awaiting breakout confirmation)

⚡ Breakout order placement strategy:

- Long trigger: Price breaks above and stabilizes at $67,800 (Reason: 1H level upper boundary of the box and recent high resistance).

- Short trigger: Price effectively falls below $67,200 (Reason: 1H level dense trading zone lower boundary and EMA20_1H dynamic support).

🛑 Stop loss (long position): $66,900 (Reason: Break below the 4H double EMA support band and previous low).

🚀 Target 1 (long): $68,900 (Reason: 4H level upper boundary of the oscillation zone resistance).

🚀 Target 2 (long): $69,500 (Reason: previous high and psychological level).

🛑 Stop loss (short): $67,600 (Reason: Re-entering the middle of the 1H oscillation zone).

🚀 Target 1 (short): $66,500 (Reason: strong support at the lower boundary of the 4H oscillation zone).

🚀 Target 2 (short): $65,800 (Reason: downward space measured by ATR).

🛡️ Trading management:

- Position suggestion: Light position (Reason: unclear direction, follow through after breakout).

- Execution strategy: If a long is triggered, reduce 50% at Target 1, move the remaining stop loss to entry price. If a short is triggered, do the same at Target 1, and move stop loss down to cost basis. After entering in either direction, if the price retraces to the trigger level and hesitates, exit immediately.

Depth logic: Open interest (OI) remains stable and does not decrease with slight price drops, indicating no large-scale bull liquidation. Funding rate is negative (-0.0010%), combined with firm price action, suggesting potential for a short squeeze. The 1H RSI (49.15) is neutral with room for upward divergence. The key is a volume breakout of the current narrow range, which will clarify the direction.

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