【$BTC Signal】Pullback confirmation, 1H level accumulation breakout

$BTC The 1H level is consolidating strongly above the EMA20, with buy order depth imbalance reaching -69.33%, and clear dominance of sell orders. The 4H Bollinger Band middle line at 72007 forms a key support, with prices repeatedly testing above it. Although the 1H MACD histogram is shrinking, the fast and slow lines remain above zero, indicating that bullish momentum has not exhausted.

Price pulls back to the 71687.9 - 71711.9 range to directly go long, this position is the resonance zone of the 1-hour EMA50 and the previous breakout platform.

🛑Stop loss must be strictly placed below 70481.8; a break below indicates a weakening 4-hour structure.

🚀First target is 74172.1, close to the 4-hour Bollinger upper band.

🚀Second target is 75402.1, opening new upside space.

🛡️Trading management: - Execution strategy: After the price reaches the first target, reduce half of the position, and move the remaining stop loss to the entry price. If the price cannot stabilize in the entry zone and breaks downward, exit unconditionally.

Order book data shows extremely thick active sell orders, but the price has not fallen, which usually indicates large funds supporting the market below to absorb buy orders. The negative funding rate also reduces long positions' costs, creating conditions for a short squeeze. The 1H volume shrinks during consolidation, indicating healthy chip accumulation. The risk-reward ratio exceeds 2, making this setup worth trying.

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