【$ETH Signal】Short-term squeeze: 1H rebound is capped by deep sell pressure, and the 4H short structure remains intact

The depth of sell orders accounts for 59.7%, and the 0.25 bid/ask ratio reveals weak buy-side order replenishment. The 1H MACD golden cross did not push the price to hold above the EMA20; the rebound was capped at 1888. On the 4H chart, the Bollinger middle band at 1914 forms an upside barrier, and price continues moving between the middle and lower bands.

🎯Direction: short

⚡Entry/Orders: 1882.10 - 1887.76

🛑Stop loss: 1926.65

🚀Target 1: 1829.42

🚀Target 2: 1800.25

🛡️Trade management:
- Execute strategy: 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.

Judging from a funding rate of 0.0015%, the long positions’ cost is still manageable, but the depth imbalance indicates that market makers are actively posting sell-side pressure. Under this structure, a long-side counterattack faces significant difficulty. The 1H RSI at 47.3 is in a weak zone, and the rebound lacks follow-through. The whole market move is rather passive; the short trade’s profit/loss ratio of 1.5 is acceptable.

View live market 👇 $ETH
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#直通IPO第二期JerseyMikes #夏日创作营 #Gate事件合约首发狂欢