【$BTC Signal】Pullback to go long, 1H level charging up for launch

$BTC The 1H level is consolidating near the upper Bollinger Band, the 4H MACD histogram continues to expand, but the 1H histogram begins to shrink, indicating short-term momentum is slightly slowing down. Market depth shows very thick sell orders above 73158, forming a short-term resistance wall.

Funding rate turns negative, open interest remains stable, and in a scenario where shorts pay fees, the price has not shown a significant pullback, and buying willingness still exists.

🎯Direction: Pullback to buy

⚡Entry/Orders: Gradually accumulate within the range of 71605.77 - 72792.21

🛑Stop loss: 69671.96

🚀Target 1: 75473.37

🚀Target 2: 77407.18

🛡️Trading management:
- Execution strategy: After the price hits Target 1, reduce position by half, and move the remaining stop loss up to the entry price. If the price cannot hold above the upper boundary of the entry zone and turns downward, exit immediately.

In this environment of negative funding rates, sideways price movement often indicates that bulls are digesting profit-taking orders, preparing for the next rally. The 1-hour RSI has fallen back from overbought to 64, providing a healthier basis for upward movement. The 4-hour price remains firmly above EMA20 and EMA50, with the medium-term channel intact. The current risk-reward ratio is close to 1:1, making it manageable, and it’s worth using part of the position to gamble on a quick acceleration after a pullback.

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