【$BTC Signal】Pullback to Long! 1H RSI Bottom Divergence, Clear Sign of Main Force Supporting the Market

$BTC The 1H timeframe is oscillating above a critical support zone (63,300-63,500). RSI shows a bottom divergence signal, with the price declining but the indicator not making new lows. Although the 4H timeframe is in a downtrend channel, a long lower shadow (62,979) confirms a short-term bottom, and open interest (OI) remains stable, indicating no panic selling. Currently, buy orders are concentrated at the order book depth, and the main force’s support intention is obvious. This is a typical pullback entry point for long positions.

🎯Direction: Go Long (Long)

⚡Entry/Orders: 63,800 - 63,500 (in batches)

🛑Stop Loss: 62,970

🚀Target 1: 64,800

🚀Target 2: 65,800

🛡️Trade Management:

- Position Size Recommendation: Standard Position

- Execution Strategy: Enter in two batches at 63,800 and 63,500. 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 breaks below EMA20 (64,822) on the 1H chart, close all positions to take profit.

Order Book Logic: The price has fallen over 3,000 points from the 4H high, but OI remains stable, suggesting the decline is mainly profit-taking rather than main force distribution. The 1H RSI (34.27) is near oversold territory and shows a bottom divergence, indicating buying momentum is building. The order book depth shows buy orders accumulating below 63,800, forming the first line of defense. Negative funding rates suggest crowded shorts, and a rebound could trigger a short squeeze.

View real-time market 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我在Gate广场过新年 #美国以色列突袭伊朗BTC短线跳水