【$BTC Signal】Long - 1H Breakout from Consolidation, OI Stable Support for Upward Movement

$BTC The 1H timeframe has stabilized above the EMA20 (67638) and is testing the 68000 round number with increased volume. Although the 4H timeframe is oscillating near the EMA50 (67903), the 1H momentum has turned strong, with solid buying depth. The price is rejecting deep retracement, indicating a typical short-term breakout signal.

🎯Direction: Long (Long)

🎯Entry/Order Placement: Enter directly within the current price range 67999 - 68050 (Reason: 1H has stabilized above EMA20, breaking through the intraday consolidation upper boundary)

🛑Stop Loss: 67600 (Reason: Break below the 1H EMA20 and the previous hourly candle low, indicating structural breakdown)

🚀Target 1: 68500 (Reason: Previous high resistance and the 0.382 Fibonacci level on the 4H timeframe)

🚀Target 2: 69200 (Reason: Previous high zone on the 4H timeframe and the 1.618 extension level)

🛡Trade Management:

- Position Size Recommendation: Standard position (Reason: 1H and 4H trends are resonating upward, risk-reward ratio > 1.5)

- Execution Strategy: After reaching 68500, reduce position by 50% and move stop-loss to entry price. Hold the remaining position to target the second profit level. If the price retraces back to the entry zone, exit all positions.

Depth Logic: Open interest (OI) remains stable and does not decrease with price increase, indicating not a short squeeze but new funds entering the market. The 1H RSI (58.17) is in a healthy upward zone with no overbought signals. The order book shows a sell wall at 68000 (3.326 BTC) being continuously consumed. Once broken, upward space opens. Market logic suggests price increases are driven by main force actions, and combined with buy depth advantage, the likelihood of a short squeeze increases.

View real-time market 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包