【$BTC Signal】Pullback to Long + 1H Oversold Rebound Play

$BTC The 1H timeframe is in the oversold zone, with the price building a short-term base near 68000. Although the 4H timeframe is in a downtrend channel, the open interest remains stable, indicating no panic selling. This is a sign of institutional support. The 1-hour RSI has fallen to 31, suggesting a technical rebound is needed. Currently, the price is far from the 1H and 4H EMA20, making direct long entries risky. It’s necessary to wait for a better entry point.

🎯Direction: Long (Pullback Pending Order)

⚡Entry/Order: 67052.0 - 67778.3, staggered entries within this range

🛑Stop Loss: 66500.0

🚀Target 1: 69200.0

🚀Target 2: 70200.0

🛡️Trade Management:

- Execution Strategy: Enter in two batches within the suggested range. After reaching Target 1, reduce position by 50% and move the stop loss to the entry average price. Hold the remaining position to aim for Target 2. If the price pulls back and breaks below the entry average, exit all positions.

(Depth Logic: Despite the price decline, open interest remains stable, indicating it’s not a large-scale long liquidation but more like a shakeout by the main players. The 1-hour buy-side depth shows accumulation at key levels, demonstrating buying willingness below. The 4-hour EMA50 (around 68844) is the first strong resistance for a rebound; breaking through would open up space. The core of this strategy is to target a technical rebound after an oversold condition, with a favorable risk-reward ratio. )

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