$ETH Signal】Bearish Attack 4H Bollinger Band Narrowing Under Pressure


$ETH 1H MACD Golden Cross with Diminishing Momentum, encountering resistance when rebounding below the middle Bollinger Band. The 4H MACD remains in a death cross, indicating a continued bearish trend. Market depth shows dense sell orders around 1565-1570, while buy orders are weak. Funding rates are negative but open interest has not increased, indicating weak willingness to chase short positions. This kind of weak rebound combined with high-level selling pressure, followed by accelerated decline after failed bullish resistance, is a common scenario.

🎯Direction: Short

⚡Entry/Orders: Enter in batches within the range of 1556.716 - 1561.400

🛑Stop Loss: 1577.014

🚀Target 1: 1537.979

🚀Target 2: 1526.269

🛡️Trade Management: Reduce 50% of position upon reaching Target 1, move stop loss to break-even; exit if price retraces back to entry level.

Depth Logic: The 4H lower Bollinger Band remains open downward, and the 1H rebound failed to break above the EMA50, indicating the bearish trend continues. The daily RSI is oversold but shows no bottom divergence, suggesting the short-term rebound is more like a consolidation before further decline.

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