【$ETH Signal】1H turning strong, negative funding rate short squeeze rebound

$ETH 1H level MACD histogram turns red and expands, price breaks above the middle Bollinger band. The 4H level is still suppressed by EMA20, but a clear support zone has formed near the lower Bollinger band around 2248. Market depth is imbalanced at -76.92%, sell orders are very thin, and slight buying can push the price up. In a negative funding rate environment, short positions face increased holding costs.

Price can directly go long within the range of 2302.55 to 2317.75.

Defensive position set below 2284.09.

First target is at 2385.08.

Second target is at 2418.74.

🛡 After reaching the first target, halve the position, and move the remaining stop-loss up to the entry price. If the price falls back to the entry point, exit unconditionally.

1-hour buy momentum continues to push higher, the price has broken through the short-term moving average cluster. Although the 4-hour MACD is below the zero line, the bearish momentum histogram continues to shrink, and downward resistance increases. Open interest remains stable, and negative funding rates are squeezing short positions. Under this structure, the probability of testing the 4-hour middle Bollinger band at 2346 to the upside is increasing. The risk-reward ratio is favorable, worth a try.

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