$ETH Signal: Bearish momentum fading + deep support bids; buy low to wait and rebound

$ETH The depth of buy orders is 13 times that of sell orders, indicating a clear intention to provide support. The 1H MACD histogram has narrowed for three consecutive bars, and the bears’ driving force is weakening. On the 4H timeframe, the price has repeatedly probed the lower Bollinger Band at 2324 without effectively breaking below it, suggesting limited short-term downside room. Currently, 2349 is near the midpoint of the suggested entry zone. With a risk-reward ratio of 2.0, there is a safety buffer—consider entering in batches to bet on a rebound.
🎯Direction: Long
⚡Entry/Order placement: Place staggered orders in the 2335-2350 range (recommended range 2332.94-2356.07)
🛑Stop loss: 2314.24
🚀Target 1: 2439.72
🚀Target 2: 2481.55
🛡️Trade management: When Target 1 is reached, reduce positions by 50%, and move the stop loss up to the entry cost. If the price falls below 2314.24, exit unconditionally.
Negative fee rate -0.0066% reflects cautious long sentiment, but stable open interest shows positions have not collapsed. Once the price holds above 2350, short-squeeze momentum could be released quickly. Depth data supports accumulation below; view the rebound potential rationally.
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