$BTC Signal】Pullback to Long! 1H Oversold Rebound, Clear Signs of Main Force Supporting the Market



$BTC The 1H timeframe found support around 67,000 and formed a bullish rebound candle. RSI has entered the oversold zone, indicating short-term selling pressure is easing. Although the 4H level broke below the short-term moving average, open interest remains stable, with no signs of panic selling. Combined with negative funding rates, the risk of short squeeze is building. The current price has entered an optimized entry zone, making it a good opportunity for a short-term rebound.

🎯Direction: Long

⚡Entry/Order: 66,730 - 67,404

🛑Stop Loss: 66,000

🚀Target 1: 68,500

🚀Target 2: 69,500

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Hold the remaining position to aim for Target 2. If the price retraces into the entry zone and breaks below, exit unconditionally.

Depth Logic: Price declines but open interest remains stable, indicating not main force unloading but long leverage cleaning. Buy-side depth on the 1-hour chart significantly increases during the rebound, showing funds are supporting from below. Negative funding rates increase short holding costs. Once the price stabilizes, a short squeeze could trigger. Key support is around 66,500-66,700. As long as this level holds, the rebound structure remains intact.

View real-time market 👇 $BTC

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