$ETH Signal: Bearish setup · Selling pressure dominates


$ETH Buy order depth ratio is only 0.39, with sell orders heavily suppressing. 1H MACD histogram continues to shrink, indicating bullish momentum is exhausted. 4H Bollinger Band middle line at 1636 has been broken, price is hovering below the middle band.

🎯Direction: short

⚡Entry/Order: 1624.2626 - 1629.1500

🛑Stop loss: 1645.4415

🚀Target 1: 1604.7128

🚀Target 2: 1592.4941

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

Short-term risk/reward ratio is 1.5, but be aware that negative funding rates may limit downward space. The order book sell side continues to thicken, and a rebound to the top of the range with short positions is more prudent.
View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market!
#分享美股交易赢英伟达股票 #预测NBA总冠军赢20,000U $BTC $ETH $SOL
ETH4.25%
BTC1.99%
SOL4.57%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned