【$ETH Signal】Bearishness continues; 4H MACD diverges downward

$ETH On the 1H chart, the bearish MACD histogram continues, but it keeps shrinking; on the 4H chart, the lower Bollinger band at 1764 has been tested several times. RSI 1H at 41.9 remains in a weak zone. The Bid/Ask depth ratio of 2.78 shows dense buy orders waiting below, but the price cannot bounce back. There is a buy-side gap, and high-level distribution is clear. This is a short-term trade with a reasonable risk-reward; set the stop loss above 1807.

🎯Direction: short

⚡Entry/Orders: sell in the 1760.2733 - 1765.5700 range

🛑Stop loss: 1807.1468

🚀Target 1: 1703.2047

🚀Target 2: 1672.0221

🛡️Trade management: - Execute strategy: after reaching Target 1, reduce the position by 50% and move the stop loss up to breakeven. If the price falls back to the entry level, automatically exit to protect the principal.

With 4H MACD diverging downward, there is no sign of bearish momentum exhaustion; on the 1H chart, RSI stays low with repeated lows, but no bullish divergence has appeared, and the rebound strength is limited. The current funding rate is -0.0013%, not an extreme squeeze environment, so holding the short position is relatively safe.

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