【$ETH Signal】Bears dominate + severe imbalance triggers a sell-off

$ETH Sell-side depth ratio is 67%. The 1H MACD histogram is narrowing in negative territory, but no bullish crossover is seen. The 4H Bollinger lower band at 1883 has been broken, and the current price 1887 is struggling around the EMA50 (1884). Buy-side orders are sparse, while sell pressure continues to release.

🎯 Direction: short

⚡ Entry / Orders: 1881.8973 - 1887.5600

🛑 Stop loss: 1924.8619

🚀 Target 1: 1831.6072

🚀 Target 2: 1803.6308

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

The 1H RSI is at a low 38, but the funding rate is only 0.0016%, with no strong willingness from the bulls. A depth imbalance of -67% means that for every 1 buy order, there are 3 sell orders waiting in line, making it safer to target and let the shorts capitalize on the downward pressure. If a rebound reaches the top of the entry zone around 1887, it can be considered an opportunity to add.

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