【$BTC Signal】Long | Healthy Pullback After Breakout
$BTC After breaking above 70k, the price is pulling back to confirm support, showing healthy buying absorption rather than top-selling pressure. The 4H candles with consecutive lower shadows indicate strong support at the lows, and Taker continues to buy, suggesting the main force aims to push higher rather than distribute.
🎯Direction: Long
🎯Entry: 70600 - 70900
🛑Stop Loss: 69900 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 71800
🚀Target 2: 72800
Hardcore logic: The price pulls back after breaking the previous high. The 4H buy/sell ratio remains above 0.5, indicating dominance by buyers. Open interest remains stable as the price rises, not a short-term squeeze, but healthy accumulation. The first order book sell wall (70934.2) has a large order volume, serving as a typical resistance test. Once absorbed, the upward space opens. The key support zone (70000-70500) has not been effectively broken, indicating a healthy reset after the breakout.
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【$BTC Signal】Long | Healthy Pullback After Breakout
$BTC After breaking above 70k, the price is pulling back to confirm support, showing healthy buying absorption rather than top-selling pressure. The 4H candles with consecutive lower shadows indicate strong support at the lows, and Taker continues to buy, suggesting the main force aims to push higher rather than distribute.
🎯Direction: Long
🎯Entry: 70600 - 70900
🛑Stop Loss: 69900 (Rigid stop loss, invalidates the structure if broken)
🚀Target 1: 71800
🚀Target 2: 72800
Hardcore logic: The price pulls back after breaking the previous high. The 4H buy/sell ratio remains above 0.5, indicating dominance by buyers. Open interest remains stable as the price rises, not a short-term squeeze, but healthy accumulation. The first order book sell wall (70934.2) has a large order volume, serving as a typical resistance test. Once absorbed, the upward space opens. The key support zone (70000-70500) has not been effectively broken, indicating a healthy reset after the breakout.
Trade here 👇 $BTC
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