【$BTC Signal】Long + Volume and Price Breakout Confirmation
$BTC After volume surged, the price and open interest moved upward together, showing typical signs of institutional entry rather than a short squeeze.
🎯Direction: Long
🎯Entry: 78,400 - 79,000
🛑Stop Loss: 77,400 (Rigid Stop Loss)
🚀Target 1: 81,000
🚀Target 2: 83,000
Price action indicates that buying pressure is continuously absorbing sell orders above the key resistance level, forming a healthy breakout confirmation structure. The increase in open interest alongside rising prices suggests new long positions are being established, not short covering-driven short squeezes. As long as the price stays above the breakout zone, the market structure remains bullish. Small losses, big gains—profit from probability.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
【$BTC Signal】Long + Volume and Price Breakout Confirmation
$BTC After volume surged, the price and open interest moved upward together, showing typical signs of institutional entry rather than a short squeeze.
🎯Direction: Long
🎯Entry: 78,400 - 79,000
🛑Stop Loss: 77,400 (Rigid Stop Loss)
🚀Target 1: 81,000
🚀Target 2: 83,000
Price action indicates that buying pressure is continuously absorbing sell orders above the key resistance level, forming a healthy breakout confirmation structure. The increase in open interest alongside rising prices suggests new long positions are being established, not short covering-driven short squeezes. As long as the price stays above the breakout zone, the market structure remains bullish. Small losses, big gains—profit from probability.
Trade 👇 here $BTC
---
Follow me: Get more real-time analysis and insights on the crypto market!
#Gate广场创作者新春激励
#WhenWillBTCRebound?