【$ETH Signal】Short, deep imbalance, bears dominate

$ETH Sell depth ratio 95%, the best bid order book is sparse, with very weak support. 1H MACD is below the water and forming a golden cross, but volume is declining, and the rebound is suppressed by bears. 4H Bollinger lower band around 1670 temporarily halts the decline, and the funding rate turning positive at 0.0011% indicates bulls have not yet cut losses, leaving room for further downside.

🎯Direction: short

⚡Entry/Order: 1683.6837 - 1688.7500

🛑Stop loss: 1736.8239

🚀Target 1: 1616.6391

🚀Target 2: 1580.5836

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

Depth logic: Stable open interest indicates bears have not yet taken large profits, RSI on 1H is 37.65, and on 4H is 40.07, both in weak zones with no bottom divergence signs. Current risk-reward ratio is 1.5, making chasing shorts worthwhile, but caution is needed against oversold rebounds that could cover bull positions.

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