【$ETH Signal】1H breakout + deep short squeeze, direct attack

$ETH 1H level MACD histogram continues to expand, price steadily stays above EMA20. The middle band of the 4H Bollinger Bands around 2324 repeatedly tests, buy volume is 8.66 times the sell volume, and the capital support intention is fully exposed. In a negative fee environment, open interest remains stable, and the pressure on shorts paying fees is accumulating.

Current price 2324, go long directly, with defense below 2299. The first target is 2375; once reached, halve the position, and push the remaining position to break even, aiming for the second target of 2400.

The 1-hour moving averages are beginning to diverge upward, with trading volume significantly increasing on the most recent bullish candle. Although the 4-hour MACD is still below the zero line, the negative value is continuously narrowing, indicating weakening bearish momentum. This imbalance in order book depth combined with negative fees often signals the prelude to a short squeeze. As long as the price stays above the 2320-2325 zone, the upward potential is unlocked.

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