$ETH Signal: Bearish trend continues, with 1H/4H resonance breaking down


$ETH 1H RSI drops to 34.64, and the 4H Bollinger Band lower rail at 1891 has been decisively broken through by a body. The buy-side depth ratio is 0.49; sell pressure dominates, and active sell-off pressure remains sustained.

🎯Direction: short

⚡Entry / orders: 1890.9202 - 1896.6100 (short directly near the current price)

🛑Stop loss: 1915.5761

🚀Target 1: 1868.1608

🚀Target 2: 1853.9363

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

4H MACD green histogram expands. Funding rate is negative, but OI remains stable, indicating the bulls have not capitulated. After the breakdown, there may be an acceleration in liquidating longs. In this structure, pullbacks are weak, and holding shorts offers a better risk-reward than bottom-fishing on the left side.

Check live market 👇 $ETH
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