【$BTC Signal】Bidirectional Order Book Script: 1H Level Narrow Range Consolidation, Waiting for a Directional Breakthrough!

$BTC The 1H timeframe is consolidating with extremely low volume between 68300-69000, while the 4H timeframe is in a weak rebound within a downward channel. The current price is close below the 1H EMA20 (68880), with bulls and bears repeatedly tugging at this level. Open interest remains stable, but negative funding rates suggest bearish sentiment. The order book shows deep buy-side support (imbalance of 18.63%), indicating a typical pre-breakout scenario. Don’t guess the direction—let the market decide. We are laying in wait for a breakout order.

🎯 Direction: Wait and see (Bidirectional Orders)

⚡ Script One: Breakout Upward to Go Long

🎯 Entry/Order: Buy Stop @ 69050 ( Reason: Valid breakout above 1H EMA20 and recent consolidation upper boundary )

🛑 Stop Loss: 68400 ( Reason: Break below previous low and consolidation structure )

🚀 Target 1: 69800 ( Reason: Resistance at the previous rebound high on the 4H level )

🚀 Target 2: 70500 ( Reason: Resistance from the 4H EMA50 moving average )

⚡ Script Two: Break Downward to Short

🎯 Entry/Order: Sell Stop @ 68100 ( Reason: Break below the lower boundary of the current 1H dense trading zone and intraday low )

🛑 Stop Loss: 68700 ( Reason: Reclaim above the middle of the consolidation range )

🚀 Target 1: 67500 ( Reason: Support zone at previous lows )

🚀 Target 2: 66800 ( Reason: Previous low structure on the daily chart )

🛡️ Trading Management:

- Position Size Suggestion: Light position ( Reason: Unclear direction, breakout game, higher risk )

- Execution Strategy: The two scripts are mutually exclusive, only one will trigger. After triggering, if the price reaches Target 1, move the stop-loss to the entry price to break even. If the price quickly reverses and hits the stop-loss, abandon the other order and reassess.

Depth Logic: Market signals suggest a decline, but open interest remains stable rather than spiking, indicating passive stop-losses by longs rather than active liquidation by large players. The 1H RSI (37.89) is in a neutral-weak zone, indicating a rebound demand. The key is whether 69050 can be broken with volume or if 68100 can be effectively defended. The order book shows buy support stacking, but selling pressure above is also heavy, waiting for one side to exhaust its strength.

Trade here 👇 $BTC

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