【$ETH Signal】Negative funding rate + firm prices, short squeeze conditions are building up

$ETH Deep sell orders are unbalanced -37.63%, but the price remains above 1670 without breaking down. Funding rate is -0.0049% continuously negative, increasing the cost for bears. The 1H Bollinger Band middle line at 1665 provides immediate support. MACD on the 1H chart is expanding downward, but the 4H histogram has turned positive, indicating multi-timeframe divergence, with a higher probability of short-term bulls prevailing.
🎯Direction: long
⚡Entry/Order: 1665.8574 - 1670.8700
🛑Stop loss: 1625.7821
🚀Target 1: 1738.5018
🚀Target 2: 1772.3178
🛡️Trade management: - Execute 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, automatically exit to protect capital.
Current risk-reward ratio is about 1:1.5. Despite bearish pressure, the price is not falling, and market sentiment leans toward bulls.
View real-time market 👇 $ETH
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