【$BTC Signal】1H V-shaped Reversal, Sniping EMA20 Breakout and Retest

$BTC The 1H timeframe has just completed a deep V reversal, with the price violently rebounding from 69212 to 69966, directly reclaiming EMA20 (69635) and stabilizing above it. The 4H timeframe is still oscillating near EMA50 (69721), but the volume-increasing bullish candle on the 1H (buying volume ratio 65%) has announced the return of the short-term bulls. Open interest remains stable, and the price rally is not driven by short covering, indicating a main force support signal.

🎯Direction: Long (Long)

🎯Entry/Order: 69880 - 69920 (Reason: 1H EMA20 support zone + upper edge of previous hour’s candlestick body)

🛑Stop Loss: 69200 (Reason: Break below previous low 69212 + ATR buffer)

🚀Target 1: 70500 (Reason: Resistance at previous 4H high 70557)

🚀Target 2: 71200 (Reason: 1H wave Fibonacci extension at 1.618)

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: 1H and 4H EMA resonance support, risk-reward ratio >1.5)

- Execution strategy: After entering, if the price quickly surges to around 70300 and stalls, reduce position by 30% to lock in profits. Once Target 1 is reached, move the remaining stop loss to the entry price. Target 2 serves as a trailing take-profit zone.

Deep logic: The key is the 03:00 hourly candle, which dipped to 69212 and was quickly supported by buy orders, with volume surging and buy volume ratio reaching 65%. This is a typical support accumulation move. Currently, the 1H RSI (60.51) has just exited the neutral zone, leaving room for upward movement. The order book shows a large sell order at 69966.7 (7.46 BTC). If this is absorbed in one go, it will trigger stop-loss orders above, accelerating upward movement. Open interest remains stable, indicating a non-leverage-driven rally, making the structure healthier.

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