$ETH Signal] Short - Selling pressure suppresses order book depth, 4H bearish trend not yet resolved


$ETH Sell order depth ratio exceeds 61%, 1H MACD bullish momentum has already weakened. The middle band of the 4H Bollinger Bands around 2325 continues to exert resistance, with rebound highs gradually decreasing. Current price is 2305, funding rate is neutral, open interest is stable, short-term rebound lacks follow-up buying.

🎯Direction: Short

⚡Entry/Order: Enter between 2305 - 2315

🛑Stop loss: 2354.05

🚀Target 1: 2298.00

🚀Target 2: 2279.32

🛡️Trade management:
- Reduce 50% of position upon reaching Target 1, move stop loss down to entry price. If it breaks below Target 2, continue to hold and observe, but automatically exit if it hits Target 1 again.

The 4H MACD death cross is still ongoing, RSI below 50, rebound strength is relatively weak. Under this structure, contrarian long positions are not highly cost-effective, leaning more towards shorting on rebounds.

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