$ETH Signal】Bullish trend continues, 1H Bollinger Bands high-level pressure


$ETH RSI 1H surged to 70.23, 4H Bollinger Bands upper band resistance at 1698.4, price oscillates tightly along this line. 4H MACD histogram continues expanding, bullish momentum not exhausted; but 1H MACD histogram starts to shrink, intraday upward slope slows. Order book depth shows buyers at 56.53%, support remains below, active sell pressure not significantly amplified. Funding rate at 0.0075% in healthy range, no signs of overheating. Current risk-reward ratio ~1.5, suitable for trend-following positioning, but pace control needed at highs.

🎯Direction: Long

⚡Entry/Limit Order: 1693.704 - 1698.800

🛑Stop Loss: 1647.322

🚀Target 1: 1776.017

🚀Target 2: 1814.625

🛡Trade Management:
- Execution strategy: Upon reaching Target 1, reduce position by 50%, move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.

Deep logic: 4H buy orders pushed up with four consecutive bullish candles, OI stable without large-scale exits, bullish structure solid. However, 1H MACD histogram shortening warns of potential short-term pullback, entry zone near the lower edge of current narrow consolidation, can absorb potential retracements.

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