【$BTC Signal】Pullback Long Entry + 1H RSI Bottom Divergence Setup

The 1-hour level repeatedly tests the key support zone. The price has broken below the 1-hour moving average, but the 4-hour level remains above EMA50, indicating the trend has not reversed. Currently, the 1-hour RSI has entered the oversold zone and shows signs of bottom divergence, which is a typical signal for a pullback long entry. Open interest remains stable, suggesting the decline is not driven by major sell-offs but by long leverage liquidation. In a negative funding rate environment, short squeeze risks are accumulating.

🎯 Direction: Long

⚡ Entry/Order: 69,820 - 70,526

🛑 Stop Loss: 69,200

🚀 Target 1: 71,800

🚀 Target 2: 72,800

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail the remaining position for profit; if the price retraces to the lower boundary of the entry zone and breaks below, exit all.

Deep Logic: The 4-hour chart shows a dense trading zone between 70,000 and 71,000, which is the core battleground for bulls and bears. Although short-term buy-side depth appears slightly lacking, the 1-hour RSI has fallen near 40 and shows bottom divergence, indicating weakening downward momentum. Open interest remains stable during the decline, confirming this is a technical correction rather than a trend reversal. Coupled with negative funding rates, there is potential for a short squeeze. The 69,200 level below is a confluence support of previous lows and the 4-hour EMA50, serving as an ideal defensive position.

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