【$ETH Signal】Low buy-in for long positions: 1H buy support + negative funding rate short squeeze potential

$ETH Buyers near 1677 have relatively thick order depth, Bid/Ask Ratio 1.97, selling pressure is quickly absorbed. The 1H MACD histogram is still below zero but has narrowed to -0.86, indicating weakening downward momentum. The 4H Bollinger Band middle line at 1670 provides support, and the price has tested it multiple times without breaking below. RSI(14) is at 53.26, in a neutral to slightly bullish zone, no overbought signals. The negative funding rate of -0.0004% combined with stable open interest suggests that the bears haven't exited but the price is holding steady, creating conditions for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 1674.00 (recommended within the zone, rounded to an integer)

🛑Stop Loss: 1660.26

🚀Target 1: 1702.19

🚀Target 2: 1714.76

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position upon reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Depth logic: 1H trading volume around the low point at 1667.57 significantly increased (135k lots), then the price quickly rebounded to 1677. This long lower shadow indicates strong buying interest below. Although the 4H MACD red bars have shortened, the fast and slow lines remain above zero, so the medium-term trend is intact. Current risk-reward ratio is 1.5, with a stop loss less than 1% away, making it an acceptable short-term trading setup.

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 #预测世界杯德国VS库拉索