$ETH Signal】1H breakout confirmed, negative funding rate squeezes shorts


$ETH 1H level stabilizes above EMA20, MACD double lines continue to expand above zero line, histogram strengthens. The 4H Bollinger middle band around 2313 provides support, price is testing the upper band resistance. Order book buy depth is slightly weaker than sell depth, but under a negative funding rate environment, shorts are at risk of being squeezed.

Current price near 2327, go long directly, stop below 2300. First target at 2373, second target at 2398.

Price has dense trading in the 2316 to 2324 range, which can be used as a reference for secondary position addition. After volume breakout on the hourly chart, it pulls back with reduced volume; the bulls' control rhythm remains unchanged. Stable open interest indicates funds have not exited, and under a negative funding rate structure, short position holding costs remain under pressure. In this environment, prices tend to rise easily and fall difficult, with a favorable risk-reward ratio.

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