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【$BTC Signal】Multi-cycle resonance, initial appearance of short squeeze structure
$BTC 1H level tightly hugging the upper Bollinger band for strong consolidation, 4H MACD histogram still expanding, bullish momentum not exhausted.
Order book depth shows buy orders account for 58.28%, the buy-sell ratio at the best levels reaches 3.79, indicating clear capital support intentions.
The 1H RSI at a high level of 74 has dulled, and prices in this strong zone are often not the top, but rather a boost in mid-air.
Prices around 77,949 can be directly acted upon, with support below 74,947.
First target at 79,812, second target at 81,434.
Open interest remains stable, funding rate at 0.0014% is not exaggerated, in such an environment, bears are easily squeezed continuously.
Although the 1H MACD fast and slow lines are narrowing, the price refuses to undergo deep correction, typical of strong consolidation.
The 4H Bollinger Bands are opening upward, with the middle band at 75,978 serving as a dynamic support.
Risk-reward ratio of 0.62 is acceptable, key is whether one can quickly exit the cost zone after entering.
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