【$BTC Signal】 Double Demand Scenario: End of the 1H Triangle, Waiting for Breakout Direction
$BTC The 1H hourly price is consolidating strongly within the 65800-66700 range, forming the end of the triangle, about to choose a direction. The downward oscillation channel remains under pressure from EMA20 (67307) on the 4H timeframe, but the RSI (41.54) on the 1H has rebounded from the oversold area, and the recent buy ratio during the 1H reached 60%, indicating short-term buying pressure. Opening volume remains steady, negative interest rates are slightly low, and the market has not shown panic selling. This is the night before a trend reversal, and volatility is about to intensify. 🎯 Trend: Wait (Double Demand) ⚡ Buy Order at Breakout: Price > 66750 ( Reason: Effective breakout of the upper boundary of the 1H triangle and the nearest recent resistance ) 🛑 Stop Loss: 65800 ( Reason: Break of the lower boundary of the triangle and the recent lowest level ) 🚀 Target 1: 67500 ( Reason: EMA20 resistance on the 4H timeframe ) 🚀 Target 2: 68500 ( Reason: Highest point of the previous rebound ) ⚡ Sell Order at Breakdown: Price < 65800 ( Reason: Break of the lower boundary of the 1H triangle and the main support ) 🛑 Stop Loss: 66750 ( Reason: Return above the upper boundary of the triangle, failure of the bearish market structure ) 🚀 Target 1: 65000 ( Reason: Psychological level at round numbers ) 🚀 Target 2: 64000 ( Reason: Support of the previous bottom area ) 🛡 Trading Management: - Position Size Suggestion: Light position ( Reason: The trend is unclear, it’s a kind of breakout speculation, high risk ) - Execution Strategy: After activating any order in the trend, if the price moves in favor of the trend, reduce the position by 50% at Target 1, and move the stop loss to the entry price. If the price reverses and hits the stop, cancel the other order and wait for a new structure. Order book depth: The first sell price (66280.4) has 2.116 BTC accumulated, and the first buy price (66280.3) has 1.866 BTC accumulated. There is an imbalance between supply and demand of -8.85%, with slightly lighter selling pressure but not a big difference, indicating a balanced market. The key is which direction the price will break. EMA20 on the 1H (66578) is the short-term dividing line between bullish and bearish, and staying above it indicates a short-term market shift to bullish. Live Market Display 👇 $BTC --- Follow me: for more analysis and live insights into the cryptocurrency market! $BTC $ETH $SOL #我在Gate广场过新年 #Gate广场发帖领五万美金红包
【$BTC Signal】Bid-Ask Order Script: 1H Triangle Convergence End, Waiting for Breakout Direction $BTC The 1H level price is highly converged within the 65800-66700 range, forming the end of a triangle, about to choose a direction. The 4H level remains in a oscillating downward channel under EMA20 (67307) resistance, but the 1H RSI (41.54) has rebounded from oversold territory, and the latest 1-hour buy ratio is as high as 60%, indicating short-term buying momentum is gathering. Open interest remains stable, negative funding rates are slight, and there is no sign of panic selling. This is a typical pre-reversal night, and volatility is about to increase. 🎯Direction: Watch and wait (Bid-Ask orders) ⚡Breakout Long Entry Order: Price > 66750 (Reason: Valid breakout above 1H triangle top and recent minor resistance ) 🛑Stop Loss: 65800 (Reason: Break below triangle bottom and recent lows ) 🚀Target 1: 67500 (Reason: 4H EMA20 resistance ) 🚀Target 2: 68500 (Reason: Previous rebound high ) ⚡Breakdown Short Entry Order: Price < 65800 (Reason: Break below 1H triangle bottom and key support ) 🛑Stop Loss: 66750 (Reason: Reclaim above triangle top, short structure invalidated ) 🚀Target 1: 65000 (Reason: Psychological round number ) 🚀Target 2: 64000 (Reason: Support in previous low area ) 🛡️Trade Management: - Position suggestion: Light position (Reason: Unclear direction, a breakout gamble, higher risk ) - Execution strategy: After any order triggers, if the price moves favorably, reduce position by 50% at Target 1 and move stop loss to entry price. If the price reverses and hits stop loss, cancel the other order and wait for a new structure. Depth logic: The order book shows sell wall at (66280.4) with 2.116 BTC, buy wall at (66280.3) with 1.866 BTC, with an imbalance of -8.85%. Slightly heavier sell pressure but not significant, indicating a balanced market. The key is which side the price breaks through. The 1H EMA20 (66578) is the short-term bull-bear dividing line; if it holds, the short-term trend turns bullish. View real-time market 👇 $BTC --- Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
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【$BTC Signal】 Double Demand Scenario: End of the 1H Triangle, Waiting for Breakout Direction
$BTC The 1H hourly price is consolidating strongly within the 65800-66700 range, forming the end of the triangle, about to choose a direction. The downward oscillation channel remains under pressure from EMA20 (67307) on the 4H timeframe, but the RSI (41.54) on the 1H has rebounded from the oversold area, and the recent buy ratio during the 1H reached 60%, indicating short-term buying pressure. Opening volume remains steady, negative interest rates are slightly low, and the market has not shown panic selling. This is the night before a trend reversal, and volatility is about to intensify.
🎯 Trend: Wait (Double Demand)
⚡ Buy Order at Breakout: Price > 66750 ( Reason: Effective breakout of the upper boundary of the 1H triangle and the nearest recent resistance )
🛑 Stop Loss: 65800 ( Reason: Break of the lower boundary of the triangle and the recent lowest level )
🚀 Target 1: 67500 ( Reason: EMA20 resistance on the 4H timeframe )
🚀 Target 2: 68500 ( Reason: Highest point of the previous rebound )
⚡ Sell Order at Breakdown: Price < 65800 ( Reason: Break of the lower boundary of the 1H triangle and the main support )
🛑 Stop Loss: 66750 ( Reason: Return above the upper boundary of the triangle, failure of the bearish market structure )
🚀 Target 1: 65000 ( Reason: Psychological level at round numbers )
🚀 Target 2: 64000 ( Reason: Support of the previous bottom area )
🛡 Trading Management:
- Position Size Suggestion: Light position ( Reason: The trend is unclear, it’s a kind of breakout speculation, high risk )
- Execution Strategy: After activating any order in the trend, if the price moves in favor of the trend, reduce the position by 50% at Target 1, and move the stop loss to the entry price. If the price reverses and hits the stop, cancel the other order and wait for a new structure.
Order book depth: The first sell price (66280.4) has 2.116 BTC accumulated, and the first buy price (66280.3) has 1.866 BTC accumulated. There is an imbalance between supply and demand of -8.85%, with slightly lighter selling pressure but not a big difference, indicating a balanced market. The key is which direction the price will break. EMA20 on the 1H (66578) is the short-term dividing line between bullish and bearish, and staying above it indicates a short-term market shift to bullish.
Live Market Display 👇 $BTC
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$BTC The 1H level price is highly converged within the 65800-66700 range, forming the end of a triangle, about to choose a direction. The 4H level remains in a oscillating downward channel under EMA20 (67307) resistance, but the 1H RSI (41.54) has rebounded from oversold territory, and the latest 1-hour buy ratio is as high as 60%, indicating short-term buying momentum is gathering. Open interest remains stable, negative funding rates are slight, and there is no sign of panic selling. This is a typical pre-reversal night, and volatility is about to increase.
🎯Direction: Watch and wait (Bid-Ask orders)
⚡Breakout Long Entry Order: Price > 66750 (Reason: Valid breakout above 1H triangle top and recent minor resistance )
🛑Stop Loss: 65800 (Reason: Break below triangle bottom and recent lows )
🚀Target 1: 67500 (Reason: 4H EMA20 resistance )
🚀Target 2: 68500 (Reason: Previous rebound high )
⚡Breakdown Short Entry Order: Price < 65800 (Reason: Break below 1H triangle bottom and key support )
🛑Stop Loss: 66750 (Reason: Reclaim above triangle top, short structure invalidated )
🚀Target 1: 65000 (Reason: Psychological round number )
🚀Target 2: 64000 (Reason: Support in previous low area )
🛡️Trade Management:
- Position suggestion: Light position (Reason: Unclear direction, a breakout gamble, higher risk )
- Execution strategy: After any order triggers, if the price moves favorably, reduce position by 50% at Target 1 and move stop loss to entry price. If the price reverses and hits stop loss, cancel the other order and wait for a new structure.
Depth logic: The order book shows sell wall at (66280.4) with 2.116 BTC, buy wall at (66280.3) with 1.866 BTC, with an imbalance of -8.85%. Slightly heavier sell pressure but not significant, indicating a balanced market. The key is which side the price breaks through. The 1H EMA20 (66578) is the short-term bull-bear dividing line; if it holds, the short-term trend turns bullish.
View real-time market 👇 $BTC
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