$ETH Short signal: Deep sell pressure dominates; 1H rebound momentum is exhausted


$ETH The deep order book shows a gap in buy orders. Sell orders account for 92%, and the bullsโ€™ ability to absorb is extremely weak. The 1H MACD forms a golden cross on declining volume, and upward momentum fades quickly. The 4H Bollinger Band middle line at 2313 is acting as resistance; the price still hasnโ€™t managed to reclaim it, so the bearish structure continues.
๐ŸŽฏDirection: Short
โšกEntry/Order: 2320.00 (recommended near the upper bound of the range)
๐Ÿ›‘Stop loss: 2347.44
๐Ÿš€Target 1: 2291.55
๐Ÿš€Target 2: 2272.92
๐Ÿ›ก๏ธTrade management:
- Execution strategy: After reaching Target 1, reduce the position by 50% and move the stop loss down to the entry price. If the price rebounds above 2335, hold cautiously and consider exiting early.
Deep logic: Although the funding rate is positive, it is extremely low. OI remains stable, indicating the market lacks active buying motivation. The 1H RSI has dropped from 55 to 48, with a smooth continuation of bearish pressure. Calm assessment: The risk-reward ratio at this level is 2:1. The main risk for shorting comes from sudden buying, but the current structure favors the bears.
Check real-time market ๐Ÿ‘‡ $ETH
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