【$BTC Signal】Long - 1H stabilizes above EMA20, main force clearly defending the market

$BTC On the 1H timeframe, the price is strongly consolidating above EMA20 (69422), with the main force clearly defending the market and preventing a deep correction. Although the 4H timeframe is in consolidation, the latest 4H candlestick closed above EMA50 (69718), and open interest remains stable, indicating that the main force is protecting key levels and resisting a bearish rebound. The 1H RSI (62.34) is healthy, and the bid-ask depth ratio (bid_ask_ratio_depth: 0.41) shows strong support below, which is a typical strong consolidation pattern, indicating an upcoming upward move.

🎯Direction: Long (Long)

🎯Entry/Order: 69750 - 69850 (Reason: 1H EMA20 support zone, current price in strong consolidation area )

🛑Stop Loss: 69250 (Reason: Break below 1H EMA50 and previous low at 69259, structure broken )

🚀Target 1: 70500 (Reason: Previous high resistance, first target on the 4H timeframe )

🚀Target 2: 71200 (Reason: 1.618 Fibonacci extension level, previous high area on the daily chart )

🛡️Trade Management:

- Position size suggestion: Standard lot (Reason: 1H and 4H technicals resonate, and market support is clear )

- Execution strategy: When the price reaches 70500, reduce position by 50%, and move the stop loss of the remaining position to the entry point (break-even). If the price strongly breaks through 70500 and stabilizes, consider moving the remaining stop loss to lock in profits and aim for the second target.

Depth logic: Market logic indicates an upward trend, combined with stable open interest (OI_trend: Stable) and dominant buy-side depth, this is not a bear trap but a proactive main force defending key levels (4H EMA50). The buy/sell ratio on the 1H (buy_sell_ratio) between 0.5-0.74 shows ongoing buying activity. The order book imbalance (depth_imbalance: -41.56%) suggests sell orders are concentrated in a narrower range; once broken, a short squeeze could rapidly initiate.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包