$ETH Signal】1H blocked at EMA50, order book depth is unbalanced, attempt shorting


$ETH The 1H timeframe is oscillating narrowly above the middle band of the Bollinger Bands, 4H MACD shows a golden cross initially, but 1H MACD histogram is contracting. The order book depth indicates selling pressure is nearly 50% higher than buying pressure, and the funding rate is slightly negative. Price is being suppressed around 2320 by the 1H EMA50 moving average, multiple attempts to push higher have failed.

Current price 2319, go short directly, stop-loss above 2337. Expect a pullback to around 2288, and if broken, look towards the 4H lower Bollinger Band at 2273.

Open interest remains stable, in a negative funding rate environment, bears have a short-term advantage, but there are thicker orders in the 2270-2280 area below, a direct break requires increased volume. The risk-reward ratio is acceptable, but caution is needed for a reversal after narrow-range consolidation.

View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#GatePreIPOs首发SpaceX #Gate13周年现场直击 #比特币反弹
ETH-0.33%
BTC0.03%
SOL0.15%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin