【$ETH Signal】Long | 1H MACD bullish continuation, selling pressure deepening

$ETH Order book imbalance 36.96%, sell orders significantly thicker than buy orders. 1H MACD bars have expanded for three consecutive periods, bullish momentum not yet exhausted. 4H Bollinger Band middle line around 1657 provides solid support, price has risen above EMA20 (1668). Funding rate at 0.0036% is neutral to slightly low, no arbitrage pressure. Current quote at 1675, buy orders have not completely disappeared, but the resistance from sell orders above warrants caution.

🎯Direction: Long

⚡Entry/Order: 1670.3339 - 1675.3600

🛑Stop loss: 1658.6064

🚀Target 1: 1700.4904

🚀Target 2: 1713.0556

🛡️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 principal.

Depth logic: 1H RSI at 55.85, not yet overbought, MACD has a bullish crossover above zero line with expanding gap, bullish momentum still releasing. 4H RSI at 53.62, in the middle range, upward space not overextended. Although there is significant selling pressure, the price has not fallen sharply, indicating decent buying support below, short-term game-winning probability is relatively strong. I personally believe the 1670 zone has a safety margin and is worth a gamble.

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