【$ETH Signal】1H oversold + deep imbalance with shorts dominating, go short for the short term

$ETH 1H RSI falls to 28.13. After the lower Bollinger Band at 1877 is broken, the rebound lacks strength. The 4H MACD histogram -6.75 keeps expanding, and there’s no sign that short momentum is exhausting. The order book Bid/Ask depth ratio is 0.27; the sell wall thickness is 3.7 times the buy side. Every rebound is met with dense sell pressure. Funding rate is close to zero but hasn’t turned positive; longs show no willingness to resist.
🎯Direction: short
⚡Entry/limit order: 1872.91 - 1878.55 (enter directly in the current price zone)
🛑Stop loss: 1897.34
🚀Target 1: 1850.37
🚀Target 2: 1836.28
🛡️Trade management: - Execute strategy: after reaching target 1, cut 50%, and move the stop loss up to breakeven. If price falls back to the entry level, automatically exit to protect principal.
Although the current 1H RSI is already oversold, with deep imbalance the short-term rebound room is limited. Shorts’ position cost is extremely low, and the risk-reward ratio is still acceptable.
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