$ETH Signal | Weak rebound encounters resistance, 1H bearish structure continues


$ETH 4H MACD green bars continue to expand, bearish momentum shows no signs of weakening. The 1H rebound to around EMA50 (2108) is met with selling pressure, Bid/Ask depth ratio of 0.30 indicates a lack of buying interest. Funding rate at 0.0092% is relatively low, but open interest remains stable, suggesting bears have not yet significantly closed their positions.

🎯Direction: Short (place rebound order)

⚡Entry/Order: 2166.50

🛑Stop Loss: 2183.83

🚀Target 1: 2131.84

🚀Target 2: 2114.51

🛡️Trade management: After reaching Target 1, reduce position by 50%, move stop loss down to entry price. If price falls back to entry level, exit to protect principal. If stop loss is hit, wait for the next structure.

Depth logic: The current price at 2067 is far from the entry point, directly chasing a short with poor risk-reward ratio. The order at 2166.50 is placed to sell into the oversold rebound pressure. RSI (1H) rebounded from 31 but has not crossed above 50, indicating doubt about the rebound strength. An imbalance of -53.48% in depth shows dense sell orders above, which will exert resistance if price rebounds to that area.

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