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【$ETH Signal】Go long + 1H funding support, bid-side depth crushing the sell-side
$ETH RSI 4H 60.11, MACD histogram continues expanding, but the price has not broken the previous high. In order book depth, the Bid/Ask Ratio is 2.71; the density of sell orders hanging below is extremely high, fully exposing the intent of funding support. In recent candles, the buy-bid proportion has fallen from 0.59 to 0.46; short-term sell pressure needs to be digested, but strong willingness to absorb at lower levels. The risk/reward of 1.5 is worth a trade.
🎯Direction: long
⚡Entry/Orders: 1813.23 - 1818.69
🛑Stop-loss: 1787.20
🚀Target 1: 1865.93
🚀Target 2: 1889.55
🛡️Trade management: - Strategy execution: after reaching Target 1, reduce the position by 50%, and move the stop-loss up to breakeven. If the price drops back to the entry level, exit automatically to protect principal.
(Depth logic: The upper band of the 4H Bollinger band at 1839 is still resistance, but 1H RSI has not entered overbought; the pullback-to-long structure is intact. OI is stable, funding rate is extremely low, and there is no short-squeeze risk. For a short-term shot, focus on changes in trading volume around 1815.)
View live market 👇 $ETH
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