【$ETH Signal】1H Weak rebound, 4H bearish structure complete, short positions lurking at high levels

$ETH 1H RSI 44.5, buying depth ratio 3.72 but trading volume continues to shrink. The middle band of 4H BOLL at 2289 provides effective resistance, MACD histogram, though shrinking, remains below the zero line. Selling pressure is concentrated in the 2263-2266 range, and the bullish rebound strength is gradually weakening.
🎯Direction: Short
⚡Entry/Order: 2311.87
🛑Stop loss: 2330.37
🚀Target 1: 2274.88
🚀Target 2: 2256.39
🛡️Trade management: - After reaching Target 1, reduce position by 50% and move the stop loss down to the entry price. If the price rebounds back to the stop loss level, automatically exit to protect capital.
4H downward momentum has not exhausted, 1H rebound highs are decreasing each time, funding rates remain low, and shorting crowding is not high. Currently, the risk-reward ratio is about 2:1, the downtrend structure is complete, and high-level positioning offers a reasonable cost-performance ratio.
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