【$BTC Signal】Pullback to accumulate for rebound, 1H oversold zone brewing for a counterattack

$BTC The 1H timeframe has experienced a waterfall decline, entering an oversold zone (RSI 29.9) and beginning to consolidate sideways. This is a typical recovery pattern after a sharp drop. Although the 4H trend is still bearish, the latest candle closed with a long lower shadow, and open interest (OI) remains stable, indicating that it’s not major selling by the main force but rather a liquidation of long leverage. There is a technical rebound demand on the 1H timeframe.

🎯Direction: Go Long (Long)

⚡Entry/Order: 63450 - 63550

🛑Stop Loss: 62970

🚀Target 1: 64500

🚀Target 2: 65200

🛡️Trade Management:

- Position suggestion: Light position

- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry level. The remaining position aims for Target 2. If the price cannot hold above the 1H EMA20 (~65000), consider exiting all positions.

Deep logic: During the sharp decline, OI remained stable, indicating that it’s not large-scale capital fleeing but rather a chain reaction caused by futures long liquidation. Currently, the 1H RSI is in a severe oversold zone, indicating a need for technical correction. Market depth data shows buy orders (94.59%) far exceed sell orders, with a large volume of buy orders (~8.488 BTC) accumulated around 63400, forming a strong short-term support. Coupled with negative funding rates, there is a potential for a short squeeze rebound.

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