$ETH Signal】Bearish continuation; 1H volume spikes and breaks down


$ETH 4H After the MACD death cross, the green bars expand; the 1H Bollinger Bands open downward, and the lower band at 2266 has already been broken. Selling pressure leads the way. At 15:00, a 1H volume spike of 475k contracts smashed through 2300, and buy-side demand was unable to absorb. Current price: 2276. Order book imbalance: -11%. Funding rate: neutral. Rebound strength remains doubtful.
🎯 Direction: Short
⚡ Entry: 2276-2280, short at the current price or on a rebound to the 1H EMA20 (around 2303)
🛑 Stop loss: 2347.12
🚀 Target 1: 2291.24
🚀 Target 2: 2272.61
🛡️ Trade management: - Execute strategy: reduce position size by 50% at Target 1, and move the stop loss down to the entry price. If the rebound breaks above 2303, exit proactively to avoid getting squeezed.
( Short-term bearish momentum is sufficient, but the RSI is nearing the oversold zone. After the sharp drop, a technical pullback/repair may follow. The risk-reward ratio is about 2:1, worth taking the bet. ) View real-time market 👇 $ETH
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ETH-3.55%
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