$ETH Signal: Short snipe, sell-side depth suppresses rebound


$ETH Sell-side order depth -18.96%, buy-side density clearly insufficient. 1H Bollinger Band middle line 1574 was lost after multiple tests, price is trading below the middle line, MACD histogram is shrinking from above the zero line. On the 4H level, although MACD golden cross occurred, momentum is declining, RSI is only 42, rebound strength is weak. Current risk-reward ratio is 1.5, short-term probability of testing support downward is higher.
🎯Direction: short
⚡Entry/Limit order: 1577.2241 - 1581.9700
🛑Stop loss: 1597.7897
🚀Target 1: 1558.2405
🚀Target 2: 1546.3757
🛡️Trade Management: - Execution strategy: Reduce position by 50% upon reaching target 1, and move stop loss to breakeven. If price falls back to entry price, automatically exit to protect principal.
OI remains stable, funding rate 0.0002% with no anomaly, shorts lack short-squeeze momentum. Short-term rebounds near 1582 are suppressed by sell-side, willingness to support funds is weak.
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ETH1.35%
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