$ETH Signal】Short - 4H death cross continues, rebound lacks strength


$ETH 1H MACD golden cross but decreasing bars, insufficient buying follow-through. 4H MACD still below zero line, DEA suppression is obvious. RSI 1H 59.88, not overbought but already stagnating, bullish momentum is exhausted.
🎯Direction: Short
⚡Entry: Short within the range of 2314.27 - 2336.52, prioritize entering on a rebound above 2330
🛑Stop loss: 2357.13
🚀Target 1: 2295.30
🚀Target 2: 2274.70
🛡️Trade management: Reduce 50% of position upon reaching Target 1, move stop loss down to entry price. If price rebounds and breaks through the stop loss, exit to avoid mistake.
Depth logic: 1H trading volume continues to shrink, latest candlestick buy ratio 0.36, selling pressure dominates. Depth imbalance -1.14%, more sell orders on the book. Funding rate 0.0057% neutral, does not support short squeeze. Upper EMA20/50 are densely suppressing, rebound space is limited. Current risk-reward ratio is about 1:2, worth betting.
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