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【$ETHUSDT】Watch the Order Book Closely, Track the Moves
$ETH Europe opening rush period, this trend is a pure meat grinder. Order book depth imbalance -79%, sell orders piling up like mountains, buy orders sparse. 4-hour MACD dead cross below zero, price suppressed by dual pressure from EMA20 and EMA50, rebound highs continuing to decline. Hourly RSI struggling around 40, bullish counterattack momentum clearly insufficient. Open positions stable but price declining, typical passive absorption pattern.
Current price around 2045 direct short, stop loss placed above 2072. First target 1993, if broken through look toward 1950 zone. Risk-reward ratio exceeds 4:1, this trade is worth attempting.
Check real-time charts 👇 $ETH
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