【$BTCUSDT Signal】1H pullback confirmation, main force clearly intends to support the bottom


$BTCUSDT The 1H timeframe is consolidating strongly above the EMA20, with buy orders building a solid defense near 68500. The middle band of the 4-hour Bollinger Bands continues to rise, MACD double lines remain expanding above the zero line, open interest stays high, and funds have not exited. This setup looks too fake, more like the main force actively absorbing at key levels to clear out floating positions. The current risk-reward ratio isn't optimal, but the structure is stable, making it worth laying in wait.

🎯Direction: Long

⚡Entry/Order: 68550 - 68650

🛑Stop Loss: 67640

🚀Target 1: 68730

🚀Target 2: 69090

🛡️Trade Management:
- Execution Strategy: After the price hits the first target, reduce half of the position and move the remaining stop loss up to the entry price. Hold the remaining position for the second target; if the price retraces into the entry zone and breaks below, exit unconditionally.

Order book data shows nearly 10 BTC stacked at the sell side, but buy orders in the 68500-68550 range below are more concentrated, indicating a clear imbalance in depth—typical of support from funds. The 1-hour RSI around 59 is healthy and pulling back without entering overbought territory, leaving room for further upward movement. Combined with stable open interest and positive funding rates, market sentiment leans toward bullish accumulation rather than pushing up to dump.

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