【$ETH Signal】Long · Bottom Support and Fee Rate Support

$ETH Funding Rate -0.0014%, deep selling pressure concentrated at Bid/Ask 0.56, but orders around 1676 below are significantly thickening. After a 4H oversold condition, a small-term stabilization appeared on the 1H chart, with no new lows. This risk-reward ratio is acceptable for short-term trading.
🎯Direction: LONG
⚡Entry/Order: 1676.881 - 1679.400
🛑Stop Loss: 1662.606
🚀Target 1: 1704.591
🚀Target 2: 1717.187
🛡️Trade Management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Order book logic: MACD data is missing, but open interest remains stable, and depth imbalance has not expanded, indicating that the bears are not further pressuring. The funding rate is slightly negative, suggesting a basis for short covering, but it’s necessary to observe whether spot buying can continue to absorb sell orders.
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