$ETH Short-term short | 4H shorts dominate; the 1H rebound lacks strength

$ETH RSI 38.6; the 4H MACD histogram continues to shrink, and short-side momentum is fading but the trend has not broken. The 1H Bollinger Bands are extremely tight, with price consolidating narrowly around 1858. Buy-side depth is higher than 1.39, showing dense buy support orders below, but sell-side pressure is sustained, keeping rebound height limited. OI is stable, funding rate is 0.0027%, with no short-squeeze risk.

🎯 Direction: Short

⚡ Entry/Orders: 1852.526 - 1858.100

🛑 Stop-loss: 1876.681

🚀 Target 1: 1830.229

🚀 Target 2: 1816.293

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

Depth logic: The 4H MACD dead cross continues, RSI is below 40, and the short structure remains intact. Although 1H shows a MACD golden cross, the Bollinger Bands narrowing suggests momentum has been exhausted, making any rebound a fresh opportunity to go short. A 1.5x reward-to-risk ratio provides a sufficient safety buffer, making it worth executing.

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