$ETH Signal | Longs, deep buy-side suppression + short-squeeze expectations

$ETH Buying orders crushed the sell wall deeply; the Bid/Ask Ratio spiked to 5.29, fully exposing buy-side strength. The 1H MACD histogram is still below the zero line, but it has clearly contracted; bearish momentum is running out. Funding rate at -0.0014% is only slightly turned negative, while OI remains stable—short-squeeze conditions are initially forming.
🎯Direction: Long
⚡Entry/Orders: 1918.01 - 1923.78 (strike directly near the current price)
🛑Stop-loss: 1888.25
🚀Target 1: 1977.08
🚀Target 2: 2003.72
🛡️Trade management: When reaching target 1, cut 50%; move the stop-loss up to breakeven. If price drops back to the entry level, automatically exit to protect principal.
Depth logic: This kind of heavy bid stacking combined with a negative funding rate limits near-term downside. Based on historical experience, such a structure often triggers short covering. In the 4H Bollinger Band, the middle band at 1918 and the EMA50 form a strong support; the risk-reward ratio is reasonable.
Check live price 👇 $ETH
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