$ETH Bearish signal: 1H buy-side gap + Bollinger Band contraction with downward pressure


$ETH Buy/sell ratio is 0.32; sell-side dumps are flowing out. On the 1H chart, the lower Bollinger Band at 1853 has already been broken, and the willingness of funds to provide support is extremely weak. The 4H MACD bearish histogram is narrowing, but the price has not stabilized; MA20 is being pressed down to 1862. Order book imbalance is 2.49x on the sell side, and bids keep failing to get picked up.
🎯Direction: Short
⚡Entry/limit orders: 1848.43 - 1853.99
🛑Stop-loss: 1872.53
🚀Target 1: 1826.18
🚀Target 2: 1812.28
🛡️Trade management: When target 1 is reached, cut 50%, and move the stop-loss to the entry price. If a rebound holds above the stop-loss level, abandon this round. After Bollinger Band contraction, the probability of downside reopening is relatively high. With low fees and low OI growth, longs lack ammunition for a strong comeback. Stay calm and assess: short risk/reward is 1.5, stop-loss room is 1%, and it is actionable.
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