【$BTC Signal】Bull and bear are at a standstill, waiting for the 1H level to choose a direction

$BTC The 1H level is oscillating narrowly between EMA20 (~67711) and EMA50 (~67509), with the price compressed within a small range of 67555-67860. Trading volume is extremely thin, indicating a typical pre-trend reversal signal. The 4H level price is above EMA20 (~67515), but the area around 68000-68200 forms a strong resistance. Open interest (OI) remains stable, with buy orders dominating the order book (imbalance of 17.66%), but active sell orders (is_taker_buying: false) are slightly ahead. Bulls and bears are fiercely battling at this critical juncture.

🎯 Direction: Watch and wait (Pending orders)

⚡ Breakout Pending Order (Long):

Entry: 67880 - 67920 (Reason: Effective breakout above the 1H oscillation range and dense trading zone)

⚡ Pullback Pending Order (Long):

Entry: 67550 - 67580 (Reason: Rebound to the 1H EMA50 and 4H EMA20 resonance support zone, also the recent range's lower boundary)

🛑 Stop Loss (Universal): 67300 (Reason: Break below 4H EMA20 and previous low support, invalidating bullish structure)

🚀 Target 1: 68200 (Reason: 4H previous high resistance level)

🚀 Target 2: 68500 (Reason: 1.618 Fibonacci extension level, also a previous dense chip area)

🛡 Trading Management:

- Position suggestion: Light position (Reason: The trend is unclear; add positions after breakout or pullback confirmation)

- Execution strategy: If any pending order is triggered and the price reaches Target 1, reduce position by 50%, and move stop loss to entry price. The remaining position targets Target 2. If the momentum fails to continue, and the price quickly falls back into the entry zone, exit immediately.

Depth logic: Market logic suggests “price rising, consider position size based on volume,” but current OI is stable. The upward movement is mainly due to short covering or tentative buying, lacking clear signals of major players building positions. The 1H RSI (54.18) is neutral, with no divergence. The key is to observe the breakout direction of the current narrow range; upward breakout needs confirmation with increased volume and OI. Downward movement warrants caution of testing the 67000 support again.

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