【$BTC Signal】Empty position + wait for key support confirmation

$BTC Entered weak consolidation after breaking below EMA20, with price testing recent low liquidity zones. 4H buy-side strength is weak (Buy/Sell Ratio < 0.5), and depth imbalance shows sell orders piling up (Bid/Ask Ratio 37.15), but funding rates are slightly negative and open interest (OI) is stable, indicating that bears are not in control; more likely, bulls are passively stopping out.
🎯 Direction: Empty position
Price is below EMA20 (67517), indicating a weak trend. RSI (39.78) enters oversold territory but shows no divergence. ATR (1444) indicates high volatility. Depth data reveals a large number of thin wall buy orders (~12.973 BTC) near 66173, but sell orders above are sparse, making the price susceptible to large order impacts.
Hardcore logic: The current structure lacks clear buy or sell resonance signals. Price decline accompanied by stable OI and slightly negative funding rates does not match typical main force distribution or short squeeze characteristics, indicating a disorderly oscillation. To go long, wait for the price to re-establish above EMA20 with rising OI; to go short, look for positive funding rates + decreasing OI + RSI divergence at the top.
Risk control perspective: Key support is the previous low at 65081. A volume breakdown below this level signals a trend reversal to bearish. Resistance above is at EMA20 (67517) and the previous high of 68385. Until the price effectively tests either key level and volume-price confirmation occurs, the best strategy is to stay out and observe, avoiding wear from oscillations.
Trade here 👇 $BTC
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