【$ETHUSDT Signal】Short squeeze buildup, pullback is a buy signal

$ETHUSDT 1H timeframe shows a rally followed by sideways movement; the upper band of the 4H Bollinger Bands indicates selling pressure. The buy order depth shows a gap above 2131.5, but open interest remains stable, funding rates are moderate, and the short squeeze structure remains intact.

🎯Direction: Long

⚡Entry/Orders: Buy in batches within the 2073 - 2091 range

🛑Stop loss: 2070

🚀Target 1: 2161

🚀Target 2: 2196

🛡️Trade management:
- Execution strategy: After reaching Target 1, halve the position; move the remaining stop loss up to the entry price. If the price cannot hold above 2090, exit proactively.

The 4-hour MACD histogram is still expanding, indicating bullish momentum has not faded. The 1-hour RSI has pulled back from overbought levels to 62, providing a healthy correction space. The key is whether the price can find support in the previous breakout zone of 2080-2090, where the order book shows dense bids below this range. Open interest has not decreased with price consolidation, suggesting funds are not withdrawing but rather rotating hands and building momentum. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to use a small stop loss to bet on the continuation of the short squeeze.

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