$ETH Signal】Bearish continuation: 1H Bollinger lower band break + selling pressure suppression


$ETH The 1H Bollinger lower band has been continuously pierced, with sparse buy orders around 1620, and transactions dominated by active sell orders. Although the 4H MACD is in a bullish_shrinking state, the 1H MACD green bars continue to expand, indicating that bearish momentum has not weakened. Funding rate is negative at -0.0067%, showing strong willingness for longs to give up.

🎯Direction: short

⚡Entry/Orders: 1618.4700 - 1623.3400

🛑Stop loss: 1685.9339

🚀Target 1: 1529.4491

🚀Target 2: 1482.5036

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

Deep logic: OI remains stable but price declines, with selling pressure still unrelieved. The 1H RSI drops to 34.66, in oversold territory, but no effective rebound has occurred, indicating heavy selling pressure persists. The Bid/Ask depth ratio is 2.41, suggesting high willingness to buy, but actual buy orders are sparse, and support orders are weak. Market sentiment is cautious and bearish, with a profitable risk-reward ratio.
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