【$BTC Signal】Pullback confirmation, bulls and bears intensify their battle

$BTC The 1H timeframe is oscillating narrowly around 71,200, with a clear MACD bearish divergence on the 4H timeframe, indicating weakening upward momentum. Market depth shows sell orders stacking above 71,201.7 with 4.3 BTC, while buy orders are scattered below 71,200, resulting in an imbalance of -75.19%, and weak capital support.

🎯Direction: Wait and see, look for clearer signals.

⚡Entry/Orders: If the price effectively breaks below 71,000, place a buy order around 70,592.2.

🛑Stop loss: 70,026.4

🚀Target 1: 74,307.5

🚀Target 2: 75,734.6

🛡️Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect principal.

Current position size remains stable, but negative funding rates suggest bearish sentiment is accumulating. The 1H price is suppressed below the EMA20, RSI hovers around 41, lacking strong buying pressure. The risk-reward ratio at this level is acceptable, but clearer continuation signals are needed; chasing the high directly risks being trapped.

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