【$ETH Signal】Multi-cycle resonance, short squeeze structure emerging

$ETH The 1H level repeatedly tests the 2233-2255 range, buy orders significantly deeper than sell orders, but the hourly MACD histogram weakens. The 4H price stays above the EMA20, the middle band of Bollinger Bands continues to rise, and open interest remains stable. The fee rate has been crushed out, with negative fees coexisting with firm prices, a typical short squeeze brewing structure.

🎯Direction: Long

⚡Entry: Enter directly around 2235.2

🛑Stop loss: 2142.7

🚀Target 1: 2330.3

🚀Target 2: 2392.9

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, exit automatically to protect capital.

Order book data shows accumulation of sell orders above 2246.4, but buy orders from 2246.3 to 2246 are astonishingly thick, clearly indicating a bottom support intent. The 1-hour RSI has fallen from overbought territory to around 60, providing a healthy retracement entry window. The 4-hour MACD fast and slow lines have formed a golden cross and continue to open, momentum is not exhausted. The current risk-reward ratio exceeds 1:1, risk is controllable, and the key is whether the price can quickly break through the previous high resistance at 2255 to open upward space.

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