【$ETH Signal】The 1H rebound lacks strength, while 4H shorts continue to exert pressure

$ETH 1H MACD histogram turns positive, but remains below the zero axis, so the rebound strength is weak. The 4H MACD death cross widens the gap, and the Bollinger Bands’ middle band at 1911 forms resistance. Sell pressure is concentrated on the order book; the Bid/Ask depth ratio is 0.37, and active sell-offs are obvious. The current price 1875 sits right on the upper edge of the entry range, giving shorts an advantage in the short term.

🎯 Direction: short

⚡ Entry / orders: 1869.38 - 1875.00

🛑 Stop loss: 1913.20

🚀 Target 1: 1817.70

🚀 Target 2: 1789.06

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

With the current 4H short structure intact and the 1H rebound being quickly suppressed, the risk-reward ratio for taking a short position is acceptable. If, going forward, price breaks down below 1866 with increased volume, the downside move will accelerate.

Check real-time quotes 👇 $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