【$BTC Signal】Pullback confirmation, bullish defense line test

$BTC 1H EMA20 (71051) broke below, price is hovering below it. The middle band of the 4H Bollinger Bands at 70045 forms a key support level below. The 1H MACD histogram continues to shrink but remains below zero, indicating weakening bearish momentum. The order book shows thick buy orders around 70978, with clear intent to support the price.

🎯Direction: Long

⚡Entry/Order placement: Buy in batches within the 70650 - 70850 range

🛑Stop loss: 69125

🚀Target 1: 73560

🚀Target 2: 75040

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Current position size is stable, funding rate is neutral, and no extreme short or long squeeze signals are present. The 1H RSI hovers around 50, indicating a temporary balance between bulls and bears. The 4H price remains in the upper half of the Bollinger Bands, with the overall trend structure intact. This pullback appears more like a shakeout of hesitant bulls. The 70600-70400 area below has been tested multiple times recently, and the support strength is worth watching. The risk-reward ratio is close to 2, making this a favorable setup.

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