$ETH Signal】Bearish momentum is being released, follow the trend to strike


$ETH 1H level price is firmly pressed below EMA20, 4H Bollinger Band middle line around 2320 with heavy selling pressure. MACD on both cycles is below the zero line with a dead cross expanding, indicating bearish momentum is still being released. Market depth is unbalanced at -2.84%, with active sell orders continuously suppressing.

Price is struggling around 2305, go short directly here, enter at the current price of 2305, with a stop above 2362. First target is 2241, second target is 2201.

Four-hour chart shows consecutive bearish candles, buying momentum is clearly weakening. The 1H rebound cannot even reach EMA50 before being pushed back, and bulls are unable to organize an effective counterattack. Funding rate is negative, but open interest remains stable, indicating this is not short squeeze buildup but more like passive defense by bulls. Risk-reward ratio is 2:1, this trade is worth a try.

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