【$ETH Signal】Bearish setups: 4H MACD death cross continues, 1H rebound is weak

$ETH Bollinger lower band at 1845 has already been breached; the 1H MACD is forming a golden cross, but the volume bars are shrinking. The 4H MACD histogram is still below the zero line and expanding. The depth imbalance is 1.71, indicating weak buy-side support. The funding rate is 0.0065% and relatively low, suggesting bullish sentiment hasn’t completely collapsed yet.
🎯 Direction: short
⚡ Entry / pending orders: 1854.0611 - 1859.6400
🛑 Stop loss: 1878.2364
🚀 Target 1: 1831.7454
🚀 Target 2: 1817.7981
🛡️ Trade management: - Execute strategy: after reaching Target 1, cut 50% and move the stop loss up to break-even. If price falls back to the entry level, automatically exit to protect principal.
The 1H RSI is hovering near 39; bulls lack the confidence to actively push. Meanwhile, the 4H RSI at 38 has entered the edge of the oversold zone, but there’s no sign of a volume-backed pickup. Shorting from this area offers a good risk-reward ratio; if 1845 is breached again, a further acceleration downward is a likely scenario.
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