【$ETH Signal】Pullback confirmation, main force’s support intent exposed

$ETH 1H timeframe repeatedly tests above 2000, buy-side depth is unusually thick, with over 300 ETH worth of order walls around 2010 below. The 4-hour MACD histogram begins to expand upward, indicating weakening bearish momentum. Under a negative fee environment, open interest remains stable, and selling pressure is continuously absorbed.

🎯Direction: Long

⚡Entry: Enter at current price around 2010.5, or place a limit order at 2004.5 for a quick fill.

🛑Stop-loss: Below 1988

🚀Target 1: 2032

🚀Target 2: 2050

🛡️Trade management:
- Execution strategy: After reaching the first target, move half of the position’s stop-loss up to the entry price. Hold the remaining position to aim for the second target; exit completely if price drops below 2010.

The 1-hour RSI pulls back from oversold territory to the midline at 50, indicating a shift in momentum. Market data reveals key information: the top five buy orders far exceed sell orders, fully exposing the capital support intent. The lower band of the 4-hour Bollinger Bands forms a gravitational pull around 1990, but the price refuses to drop sharply. Such divergence often signals a trend reversal. Currently, the risk-reward ratio exceeds 5, making it worthwhile to attempt a rebound with smaller risk.

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