【$BTC Signal】Pullback to Long! 1H Oversold Rebound + 4H Key Support Battle

$BTC The 1H RSI has entered the oversold zone (36.97), with the price forming a short-term support level in the 65600-66000 range. The 4H chart is currently testing the EMA50 (~66798) from below, which is a critical area for bulls and bears. Currently, the funding rate is negative and OI is stable, indicating that bears are not in control. The price decline is accompanied by an imbalance in buying volume (-81.90%), more likely caused by long liquidation rather than major selling. If the 1H chart stabilizes here, a technical rebound will be triggered.

🎯Direction: Long (Long)

🎯Entry/Orders: Enter in batches within the 65800 - 66000 range

🛑Stop Loss: 65400 (below the previous low of 65626, confirming structural breakdown)

🚀Target 1: 66800 (1H EMA20 resistance)

🚀Target 2: 67500 (near the previous high on the 4H chart)

🛡️Trade Management:

- Position suggestion: Light position

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. The remaining position aims for Target 2. If the price encounters strong resistance at 66800, consider exiting all positions.

Depth Logic: Market depth shows very thin buy orders and a buildup of sell orders (a wall of 9.685 BTC at 66047.2). This is a typical “trap to short” structure. Once the price breaks above 66050 and eats through the sell wall above, a rapid short squeeze may occur. Stable OI with falling price indicates a healthy correction. The 1H RSI bottom divergence is brewing, and a rebound is imminent.

View real-time market 👇 $BTC

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