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$ETH Signal】Bearish alignment + order book imbalance
$ETH Order book depth imbalance -78.96%, buy-side ratio 0.12, with one-sided selling pressure overwhelming the market. The 1H MACD green histogram is continuously expanding, while RSI at 37.45 is nearing oversold levels with no signs of a bottom.
The 4H Bollinger lower band near 1862 has been repeatedly tested, with the current price of 1867.54 clinging to the band’s edge. EMA20/50 are entangled between 1880-1889, forming bearish resistance. The funding rate is -0.0017%, shorts are not extremely crowded, OI is stable, and panic selling has