$ETH Signal】Bearish continuation, 1H breaks below the middle Bollinger band


$ETH RSI 42.67, sell order depth ratio 0.39, spread between orders widens. 1H three consecutive bearish candles break below the middle Bollinger band, 4H MACD shows early red bars, bullish momentum is weakening. The order book has passive sell orders stacking up, rebound strength is very weak.
🎯Direction: short
⚡Entry/Order: 1725.94 (near current price)
🛑Stop loss: 1743.1994
🚀Target 1: 1700.0509
🚀Target 2: 1687.1064
🛡️Trade management: - Execute strategy: after reaching Target 1, reduce position by 50%, and move stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.
Multiple tests in the 1727-1728 range have failed, active sell orders continue to suppress. Funding rate is neutral, but stable open interest indicates strong willingness for short positions to increase. This weak rebound and the selling pressure structure require caution; a risk-reward ratio of 1.5 is acceptable.
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