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【$BTC Signal】Pullback to go long / 1H level funds support
$BTC The 1H level repeatedly tests around 71,000, with the EMA20 moving average at 71,107 forming short-term resistance, but the buy orders in the 70,600-70,800 area are very deep, quickly absorbing selling pressure. After MACD divergence on the 4H chart, momentum contracts, yet the price refuses to fall sharply, fully exposing the funds' support intention.
🎯Direction: Long
⚡Entry/Order: 70,664 - 70,835
🛑Stop Loss: 69,073
🚀Target 1: 73,846
🚀Target 2: 75,437
🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.
Order book shows dense orders around 71,010, with fierce switching between bulls and bears here. The 1H RSI is neutral to weak, but open interest remains stable, with no signs of panic selling. Under this structure, if the price retraces to the suggested zone, the risk-reward ratio exceeds 2, making it a worthwhile defensive counterattack position. The key is whether the position can quickly move out of the cost basis after entry.
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