$ETH Signal - Short Selling, Sell Order Depth Crushing


$ETH 1H rebound volume continues to shrink, MACD golden cross but with shrinking bars, 4H death cross clearly suppressing. The order book buy depth is only 0.04, sell orders heavily crushing buyers, price rebound lacks capital support. RSI on 1h is in the neutral zone at 40, no oversold reversal signal appears.

🎯Direction: short

⚡Entry/Order: 1869.7140 - 1875.3400

🛑Stop Loss: 1942.4575

🚀Target 1: 1774.6637

🚀Target 2: 1724.3256

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

Sell order depth is extremely skewed towards the bears, even if there is a rebound, it lacks sustained buy orders. Open interest remains stable, indicating that existing funds have not exited but are waiting for lower levels. Under this structure, the probability of a continued downtrend is higher than a reversal.

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