【$BTC Signal】Pullback to buy! 1H rebound confirmed, clear signs of main force supporting the market

$BTC The 1H timeframe formed a double bottom near 66,500 with a strong rebound. Currently, the price has risen above 67,100. Although the 4H timeframe is still in a downtrend, open interest remains stable, with no signs of panic selling, and the funding rate is negative, indicating crowded shorts. The 1H RSI has rebounded from oversold territory to 41, and momentum is beginning to recover. The order book shows a large sell order at the best ask (67,135.3), but buy depth is accumulating below, indicating clear intent of main force supporting the market.

🎯Direction: Long

⚡Entry/Order: 66,800 - 67,050

🛑Stop Loss: 66,400

🚀Target 1: 67,800

🚀Target 2: 68,500

🛡️Trading Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Hold the remaining position to aim for Target 2. If the price encounters resistance near Target 1 and falls back, take full profit.

(Depth Logic: Price declines but open interest remains stable, combined with a negative funding rate, which is a typical short squeeze structure. The 1-hour candlestick closed with a long lower shadow bullish candle at 05:00, confirming short-term support around 66,500. The current price has broken above the 1-hour EMA20 resistance, but the area between 67,200 and 67,400 is a dense trading zone, requiring increased volume to break through. The strategy is to wait for a pullback to the suggested entry zone to set up, betting on a rebound and recovery toward the 4-hour EMA20. )

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