【$ETH Signal】Low fees + deep support, short-term bearish exhaustion followed by a short bullish move

$ETH 4H RSI 50.4, funding rate -0.0022%. Buy-side depth overwhelmingly exceeds sell-side (Bid/Ask Ratio 5.86). 1H MACD histogram contracting, bearish momentum significantly weakening. Active buying in the 1656-1661 range, price repeatedly bounces back quickly after testing support.

🎯Direction: Long

⚡Entry/Order: Enter directly within the 1656.9642 - 1661.9500 range

🛑Stop loss: 1616.1132

🚀Target 1: 1730.7053

🚀Target 2: 1765.0829

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

Depth logic: After the 1H Bollinger Bands narrow, the downward opening was quickly pulled back, forming a false breakout pattern. Although the 4H MACD shows a golden cross while contracting, the price has not continued to weaken. The stable open interest in a negative funding rate environment suggests bears are reluctant to add positions. This structure often triggers short squeeze pulses, with a risk/reward ratio of 1.5 making it worth a shot.
Check real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我的Gate交易时刻 #TradFiCFD黄金大师赛 #预测世界杯美国VS巴拉圭