【$BTC Signal】Long | Healthy Consolidation After Strong Breakout

$BTC After completing a strong breakout on the 4H timeframe, the price is consolidating at a high level above the previous high. This is a typical healthy reset after a breakout, not a top formation.

🎯 Direction: Long

🎯 Entry: 69,700 - 70,200

🛑 Stop Loss: 68,348 ( Rigid stop loss, placed below the previous 4H candle low )

🚀 Target 1: 72,500

🚀 Target 2: 74,500

Hardcore logic: The price has been closing bullish candles on the 4H chart, with increased volume breaking through the previous high resistance zone. The current consolidation is above the breakout point, with a shallow retracement (not falling below 50% of the previous candle), indicating strong buying absorption. Funding rates have turned negative, which favors long positions and alleviates overheated sentiment. The order book depth shows dense buy support around 70,200. Price action suggests this is a flag consolidation after a breakout; as long as the key support at 68,348 (previous low + liquidity zone) holds, the upward trend continuation is highly probable.

Trade here 👇 $BTC

---

Follow me: Get more real-time analysis and insights on the crypto market!
‍#Gate广场创作者新春激励 $BTC $ETH $SOL