【$BTC Signal】Long + 1H Breakout Retest Confirmation

$BTC 1H level completed breakout above key resistance zone, price precisely retested EMA20 and surged strongly, with solid buying support.

🎯 Direction: Long

⚡ Entry/Pending Order: 70681.50 - 70826.55

🛑 Stop Loss: 70826.55

🚀 Target 1: 69575.26

🚀 Target 2: 69128.37

🛡 ️Trade Management:
- Execution Strategy: Once price reaches the first target, it is recommended to reduce position by half, move the stop loss of remaining position to near entry price, lock in profits while preserving the opportunity to capture larger waves.

Depth Logic: Order book depth imbalance shows concentrated buying power, with bid level order thickness far exceeding ask level, forming solid support. Although the latest hourly buying ratio is not high, the volume contraction during retest after breaking key levels precisely indicates that selling pressure has been effectively digested, with obvious main force control intent. Persistent negative funding rates provide potential fuel for short position liquidation.

View Real-time Market 👇 $BTC
---
Follow me: Get more real-time analysis and insights on crypto markets! $BTC $ETH $SOL
‍#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #加密市场上涨