$ETH Signal: short-term bearish, 4H sell pressure not reduced

$ETH The 4H MACD bearish bars keep shortening but have not turned positive; the 1H MACD golden cross momentum is shrinking. The bid ratio is only 0.30, depth imbalance -54.14%, with sellers actively placing orders to suppress. Current price 1861, near the 1H Bollinger upper band, with clear signs of rebound momentum exhaustion.
🎯Direction: short
⚡Entry / pending orders: 1855.4369 - 1861.0200
🛑Stop loss: 1879.6302
🚀Target 1: 1833.1047
🚀Target 2: 1819.1470
🛡️Trade management: - Execute strategy: after reaching target 1, reduce position by 50%, and move the stop loss up to break-even. If price falls back to the entry level, automatically exit to protect principal.
With 4H RSI at only 40, rebound strength is limited; the 1H candlesticks are rising on consecutive decreasing volume, with insufficient follow-through from buyers. At this level, the short trade risk-reward is acceptable, with about 1% stop-loss room. Below near 1833, the support is not strong, and there may be downside acceleration.
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