$ETH Signal: Negative funding rate but price remains firm, bulls lurking

$ETH Funding rate -0.0103% but price holds at 1668, buy depth of 3.49 indicates strong support below. The 4H Bollinger middle band at 1629 forms a strong support, 1H RSI at 48.18 is in the middle zone, trading volume rapidly shrinks after the 1714 high, indicating diminishing selling pressure.
🎯Direction: long
⚡Entry/Order: 1663.55 - 1668.56 (place orders near current price)
🛑Stop loss: 1651.87
🚀Target 1: 1693.59
🚀Target 2: 1706.10
🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back to entry level, automatically exit to protect capital.
Depth logic: 1H MACD histogram shrinking in negative territory, 4H MACD histogram still positive, multi-timeframe momentum in recovery phase. Negative funding rate but price has not made new lows, short sellers' pressure not followed through, short-term rebound momentum is building. Risk-reward ratio of 1.5 is acceptable, place stop loss outside key support below 1652.
View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#美股AI概念股普涨 #Strategy低位加仓1550枚BTC #SpaceX获大幅超额IPO认购