【$ETHUSDT Signal】1H level pullback confirmation, capital support intentions exposed

$ETHUSDT 1H level stabilizes above short-term moving averages, the price quickly rebounds from deep retracement, buying interest below 1990 shows a strong willingness to absorb. The dense support zone forms near the middle of the 4-hour Bollinger Bands, open interest remains stable, and the price remains resilient in a negative funding rate environment, with potential risks of short squeeze accumulating.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 1994 - 2002 range

🛑Stop Loss: 1982

🚀Target 1: 2050

🚀Target 2: 2080

🛡️Trade Management:
- Execution Strategy: After the price hits the first target, move half of the position’s stop loss up to the entry price. Hold the remaining position for the second target. If the price retraces and breaks below the trailing stop line, exit all positions.

Order book data shows that buy orders below 2010 are significantly thicker than sell orders, indicating a clear imbalance in depth. The 1-hour MACD histogram continues to expand below the zero line, indicating weakening bearish momentum, and the fast and slow lines are about to form a golden cross. Coupled with open interest not shrinking during price declines, clear signs of capital support are present. Under this structure, the risk-reward ratio is indeed attractive, but caution is needed regarding the short-term resistance of the EMA20 (around 2019). The first touch may lead to repeated tests.

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