【$ETHUSDT】Don't rush to buy the dip/chase highs, check this first


$ETH Funding rates have been crushed into negative territory, with price stubbornly holding around 2082 under negative rates. During normal intraday volatility, buy-side depth is severely imbalanced with 82 contracts piled up on the sell side and obvious buy-side gaps. On the 4-hour level, price broke below the Bollinger Band middle line and continues to be pressured below the EMA50. MACD dual lines have formed a bearish crossover below zero, with short momentum still releasing. 1-hour RSI has dropped to 35.5, close to oversold but not yet dulled, with limited bounce strength.

Direction: Go short
Entry/Order: Short directly at spot price 2082, or add position on bounce toward 2095
Stop Loss: 2115
Target 1: 2030
Target 2: 1980
Trade Management: Once price breaks below 2065, move stop loss down to entry price for zero-risk speculation on downside space.
View live market 👇 $ETH
---
Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL
#Gate13周年全球庆典 #TradFi首创多倍杠杆 #加密行情震荡
ETH-3,26%
BTC-2,4%
SOL-2,58%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin