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$BTC Signal】1H Strong Breakout, Pullback to Enter Long for New Highs
$BTC 1H timeframe just broke above previous high with volume and stabilized above EMA20, showing strong momentum. The 4H timeframe has already broken the downtrend line and formed a bullish engulfing pattern, indicating a trend reversal. Currently, the price is consolidating strongly around 69,000. Negative funding rates and stable open interest suggest short squeeze pressure on the bears, and a pullback presents a buying opportunity.
🎯Direction: Go Long (Long)
🎯Entry/Order: 68,800 - 68,950 (Reason: Dynamic support from 1H