$ETH Signal Bearish dominance, 4H breakdown


$ETH The 4H Bollinger Band lower band at 2029 has been broken, and the price has directly slid to around 2023. The MACD bearish bars continue to expand, and selling pressure persists. The 1H RSI has fallen to 29.38, entering the oversold zone, but the rebound is weak. The order book buy depth ratio is high (2.41x), indicating a clear intention to buy at lower levels, but the bearish momentum has not exhausted, and each rebound is suppressed. Under this structure, following the trend to short is more consistent with momentum logic than contrarian bottom-fishing.

🎯Direction: short

⚡Entry/Order: 2017.8682 - 2023.9400

🛑Stop loss: 2068.6529

🚀Target 1: 1956.8707

🚀Target 2: 1923.3360

🛡️Trade management:
- After reaching Target 1, reduce position by 50% and move the stop loss to break-even. If the price falls back into the entry zone, automatically exit to protect capital.

Depth logic: The 4H bearish trend is clear, funding rate is extremely low, with no short squeeze risk. Although there is substantial buy support below, it is bottom-fishing capital, not active buying. The current risk-reward ratio is 1.5, making it worth a try.

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