【
$BTC Signal】1H Strong Breakout, Pullback for New Highs in Trading
$BTC 1H level just broke above previous high with volume and stabilized above EMA20, momentum is very strong. The 4H level has already broken through the downtrend line, forming a bullish engulfing pattern, indicating a trend reversal. Currently, the price is consolidating strongly around 69,000, with negative funding rates and stable open interest, facing short squeeze pressure. A pullback presents a buying opportunity.
🎯Direction: Long (Long)
🎯Entry/Order: 68,800 - 68,950 (Reason: Dynamic support from 1H EMA20 + previous ho