$ETH Signal】Negative funding rate + buy support, 1H short squeeze initiation


$ETH Funding rate -0.0009%, OI stable but buy depth is 1.71, after three consecutive positive candles on 1H, price stays close to Bollinger upper band at 2384, sell orders are thin. 4H MACD bullish pillar still expanding, but the upper band at 2388 forms immediate resistance.

🎯Direction: Long

⚡Entry/Order: 2342.4 - 2372.4 buy the dip in this range

🛑Stop loss: 2308.0

🚀Target 1: 2411.1

🚀Target 2: 2445.5

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Depth logic: Negative funding rate usually suppresses longs, but the price shows no weakness and remains strong, indicating retail shorts are crushed by institutional buying. 1H RSI at 62 is not overbought, buy support is dominant, and the pullback is limited.

Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
#WCTC交易王PK #美国寻求战略比特币储备 #比特币ETF期权持仓限额增4倍
ETH2.44%
BTC3.01%
SOL1.59%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin