【$ETH Signal】4H Midline Support + Buy Orders Shrinking, Short-term Bullish Reversal

$ETH The 4H Bollinger Band midline at 2320 shows clear resistance, buy order depth ratio is 0.75, short-term buying strength is insufficient. The 1H MACD histogram continues to shrink, indicating weakening bullish momentum. Price is oscillating narrowly around 2313, and a direction is about to be chosen.

🎯Direction: Short

⚡Entry/Order: 2320.0

🛑Stop Loss: 2353.3

🚀Target 1: 2297.2

🚀Target 2: 2278.6

🛡️Trade Management:
- Execution Strategy: Reduce 50% of positions after reaching Target 1, and move the stop loss down to the entry price. If the price rebounds to the stop loss level, exit proactively to control losses.

The order book shows relatively concentrated short orders, with a funding rate of 0.0043% indicating neutrality, and no extreme sentiment. Although the 4H MACD shows a bullish crossover, the candlestick bodies have not effectively broken above the midline, raising doubts about the rebound strength. The current risk-reward ratio is about 2:1, acceptable but requires strict stop-loss to prevent false breakouts.

Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#Gate广场五月交易分享 #BTC重返8万 #日本国债上链24小时交易