【$ETH Signal】Bearish assault, 1H timeframe breaks downward

$ETH A single massive bearish candle on the 1H chart directly breaks through the EMA20 and EMA50 support levels, instantly crushing buying depth. The MACD histogram on the 4H chart accelerates downward, and the price has fallen below the middle band of the Bollinger Bands, indicating bearish momentum is being released. Market data shows accumulated sell orders, with strong willingness to sell actively.

🎯Direction: Short

⚡Entry: Enter immediately around the current price of 2216

🛑Stop Loss: 2153.87

🚀Target 1: 2361.80

🚀Target 2: 2431.12

🛡️Trade Management: - Execute strategy: After reaching Target 1, reduce position by 50%, and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

The 1H RSI has dropped to 38.59 in the weak zone, combined with stable open interest but declining price, indicating not active long liquidation but new short-selling funds entering to suppress. The buy depth on the 4H chart is imbalanced at 74.72%, with very weak support below. Once it breaks the current narrow-range consolidation, it could trigger chain reactions of selling. Under this structure, the risk-reward ratio is acceptable, but caution is needed for a quick rebound after oversold conditions.

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