【$ETH Signal】Bear pressure, weak follow-through

$ETH Sell orders overwhelm buy orders; the Bid/Ask Ratio is 0.55, and orderbook support is extremely weak. Although the 4H MACD histogram is contracting, bearish momentum below the zero line has not exhausted. RSI is 43.88; rebounds lack strength. The mid-band of the Bollinger Bands at 1887 forms resistance.
🎯 Direction: short
⚡ Entry/Orders placed: 1863.12 - 1868.73
🛑 Stop loss: 1887.42
🚀 Target 1: 1840.70
🚀 Target 2: 1826.68
🛡️ Trade management:
- Execution strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to break-even. If price drops back to the entry zone, automatically exit to protect principal.
With current funding rate at 0.0044% being very low and no bullish crowding signal, the risk of bears continuing to push lower is controllable. Personally, I lean toward watching whether an effective turnover can form around 1840.
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