$ETH Signal: Rebound to the resistance zone to short; selling pressure dominates

$ETH 1H Bollinger Band lower band near 2222 shows weak support. The buy order depth ratio of 0.02 indicates that there is almost no “buyers waiting below,” meaning a near-vacuum of bids under the price. The 4H MACD green histogram bars are shortening but still remain below the zero line—bearish momentum is only temporarily slowed. If the price rebounds to the 2313.1 resistance zone, it will face heavy pressure from sell orders.

🎯 Direction: Short (place orders and wait)

⚡ Order entry: 2313.1

🛑 Stop loss: 2331.6

🚀 Target 1: 2276.1

🚀 Target 2: 2257.6

🛡️ Trade management:
- Execution strategy: Do not chase the price. After entering at the target price, halve the position, and move the stop loss to break-even. If price falls back to the entry price, close the position.

Depth logic: Stable open interest indicates no major capital withdrawal, but the depth imbalance of -95.74% shows dense sell orders. A rebound into the dense area of EMA20-EMA50 (2300-2313) is a natural point for short covering. The funding rate of 0.0056% is relatively low, so the probability of a short squeeze is small, and the bearish safety margin is still quite reasonable. Place orders strictly—do not enter early. Wait for the market to present an opportunity.

View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights into the crypto market!
#Gate广场五月交易分享 #美国4月PPI同比暴涨6% $BTC $ETH $SOL