A hydraulic system for controlling bleed down and retraction of a boom within a safety envelope includes a backup battery power supply, and at least a first boom lift hydraulic cylinder configured to raise and lower the boom. The first boom lift hydraulic cylinder includes a solenoid bleed valve electrically connected to the backup battery power supply. The hydraulic system also includes an input device controllable by an operator of the boom. The input device may, for instance, be used by the operator to initiate bleed down and retraction of the boom from an elevated position. To accommodate independent failsafe features of the system, the input device is configured to selectively actuate the solenoid bleed valve using electrical power supplied from the backup battery power supply.