【$ETH Signal】4H death cross resonance, 1H bearish acceleration

$ETH MACD 1H below zero line opening widening, 4H death cross confirmed. Bollinger Bands 1H middle band at 1740 provides effective resistance, price has been consolidating in a narrow range between 1723-1730 for three consecutive candles, with clear order book imbalance. Deep bid/ask ratio 0.89, sell orders remain thick and suppressing. Funding rate at 0.0039% is neutral leaning bearish, no signs of short squeeze. Current risk-reward ratio approximately 1:1.5, high probability of short-term breakdown below 1720 support, left-side shorting has decent risk-to-reward ratio.
🎯Direction: short
⚡Entry/Order: 1718.330 - 1723.500
🛑Stop loss: 1758.090
🚀Target 1: 1671.615
🚀Target 2: 1645.673
🛡️Trade management: - Execute strategy: reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into entry zone, automatically exit to protect principal.
4H volume is shrinking, bearish momentum not fully released, short-term support may be near 1706, but do not go long before trend reverses.
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