【$ETH Signal】1H Bearish momentum expands, Bollinger bands break downward

$ETH 1H MACD green bars continue to diverge, price breaks below Bollinger lower band at 1667. Selling pressure dominates, Bid/Ask depth ratio is 0.35, buy orders are sparse. 4H MACD red bars converge but price has already lost the 4H midline at 1670, bulls' defense line loosening.

🎯Direction: short

⚡Entry/Order: 1662.11 - 1666.76

🛑Stop loss: 1690.01

🚀Target 1: 1631.885

🚀Target 2: 1614.4475

🛡️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.

RSI on 1H drops to 38.3 low, but the bearish arrangement remains unchanged. Current risk-reward ratio is 1.5, which is acceptable. There is previous support near 1630; a break below will accelerate the decline.

View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on crypto markets! $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