【$BTC Signal】Pullback to go long + 4H trend confirmation, aiming for a secondary surge

$BTC The 1H timeframe has experienced a violent rally and is currently consolidating at a high level, waiting for a pullback confirmation. A strong bullish candle on the 4H chart broke through the previous consolidation zone, indicating a trend reversal to bullish. The current price is far from the 1H EMA20, and chasing the high directly carries great risk. It is essential to wait for a pullback to key support.

🎯Direction: Long (Long)

⚡Entry/Order: 66514.5 - 66903.7

🛑Stop Loss: 65500

🚀Target 1: 68500

🚀Target 2: 70000

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price shows signs of stagnation near Target 1 or a top divergence on the 1H chart, consider closing all positions early for profit.

(Depth Logic: The 4H timeframe shows a volume breakout with strong buying power. The 1H RSI is in a strong zone but not overbought, leaving room for further upward movement. Market depth indicates strong buy support, with an imbalance of 14.14%, suggesting clear main force support. Negative funding rates combined with strong price action imply a potential short squeeze. It is recommended to patiently wait for the price to pull back to the confluence area of the 1H EMA50 and the upper boundary of the 4H breakout structure for entry, offering an excellent risk-reward ratio. )

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