【$ETH Signal】Bearish suppression: 1H MACD death cross + below the middle band of Bollinger Bands

$ETH 1H MACD fast and slow lines form a death cross downward, volume bars continue to be negative and diverge, indicating bearish momentum has not exhausted. The middle band of Bollinger Bands at 1730 acts as intraday resistance, with price repeatedly testing below it, showing weak rebound strength.
The 4H MACD is still bullish but the histogram is shrinking, indicating a weakening trend.
Bid/Ask ratio of 1.28 shows support below is not weak, but price is range-bound without movement, suggesting a stalling structure that often leads to a pullback.
My personal assessment of the current risk-reward ratio leans toward the bearish side, with a favorable risk-to-reward profile.

🎯Direction: short

⚡Entry/Order: 1720.1839 - 1725.3600

🛑Stop Loss: 1742.6136

🚀Target 1: 1699.4796

🚀Target 2: 1686.5394

🛡️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.

(Depth logic: OI changes are stable, funding rate is only 0.0006%, no risk of short squeeze.
1H RSI is at 46, slightly weak in the middle, 4H RSI at 49.3 also does not indicate oversold conditions.
Market depth shows buy orders are thick but passively absorbed, with active selling pressure dominant, and slow price decline reflects genuine selling pressure.)

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