【$ETH Signal】1H Bearish momentum exhaustion + negative funding rate support, long positions lurking

$ETH Order book depth imbalance -89.46%, sell orders are very thick, but funding rate of -0.0045% indicates high short position costs. The 1H MACD histogram shrinks in negative territory, RSI at 57.06 in a neutral to slightly bullish zone. The 4H Bollinger middle band at 1625 is pushing upward, with price consolidating around 1689. Continuous bearish pressure has failed to break below the 1680 area, and willingness to buy below is gradually increasing.
🎯Direction: Long
⚡Entry/Order: 1684.3019 - 1689.3700
🛑Stop Loss: 1672.4763
🚀Target 1: 1714.7106
🚀Target 2: 1727.3808
🛡️Trade Management:
- Execution strategy: Reduce 50% of positions after reaching Target 1, and move stop loss to breakeven. If price falls back into the entry zone, exit automatically to protect capital.
Current risk-reward ratio is 1.5, aggressive traders should closely watch the 1680 support. If volume increases and breaks below, exit decisively to cut losses.
Check 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 #比特币回升5% $BTC $ETH $SOL