【$ETH Signal】Bearish Concealment: 1H continues to weaken, deep buy orders hold the floor, but rebounds lack strength

$ETH Buy order depth ratio is 9.94. There are extremely thick limit orders below, but the 1H MACD green histogram continues to expand, and the price keeps closing three consecutive bearish candles tightly along the lower Bollinger Band. The 4H RSI is 44.98, and no bullish bottom divergence is seen. The funding rate is 0.0022% and is neutral. The current reward-to-risk ratio is average, but if the price rebounds into the resistance zone, that’s a relatively good spot to strike.

🎯 Direction: Short (Pending orders)

⚡ Entry / Place order: 2308.44 (recommended upper boundary of the range)

🛑 Stop loss: 2326.91

🚀 Target 1: 2271.51

🚀 Target 2: 2253.04

🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce the position by 50%, and move the stop loss down to the entry price. If the price rebounds and breaks above the stop loss, exit decisively.

Depth logic: 1H MACD short momentum is still strengthening. The 4H Bollinger band middle line is slanting downward. Although longs are intercepting strongly (Bid/Ask depth ratio 9.94), they still can’t form an effective push higher, and selling pressure remains at the high levels. If the price tests the area around 2308 where sell orders are concentrated, you can set up a short position there.

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