$ETH Signal】4H Bearish Pressure + 1H Rebound Failure, Short-term Sniping Short Positions


$ETH 1H Bollinger Band Middle Band around 2319 repeatedly tested, buying depth is 5.42 but price cannot go up, selling pressure continues to be released. 4H MACD dead cross narrowing, bearish momentum is still accumulating.
Current price around 2317, directly short, the upper limit of the entry zone at 2337.37 can also add positions, with a stop at 2367.72.
First target is 2276.67, which is the 4H lower band area, reduce half here, and the remaining target is 2246.32.
Negative funding rate -0.007% indicates low cost for shorting, but open interest remains stable, with no risk of a short squeeze.
1H RSI at 45.8 is neutral to slightly low, rebound strength is limited, and this wave of short positions has a risk/reward ratio of 2.0, which is quite favorable.
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