【$ETH Signal】After the pullback confirmation, the bulls strike again

$ETH 1H-level RSI spiked to 77.85. The order book shows a gap in the buy-side, but the 4H-level MACD is still strongly expanding. Market depth indicates there are 130 sell orders above 2252.46 on the sell-1 price, and the buy-side depth is clearly insufficient, revealing an attempt to prop up the market near 2150. Open interest remains stable. With the funding rate at 0.0058%, no extreme conditions have appeared, so the risk of a short squeeze is temporarily not high.

🎯 Direction: Pull back to go long

⚡ Entry/Order: 2150.06 - 2184.73

🛑 Stop Loss: 2150.06

🚀 Target 1: 2323.42

🚀 Target 2: 2392.77

🛡️ Trade Management:
- Execution Strategy: After reaching Target 1, reduce positions by 50% and move the stop loss up to the break-even level. If the price falls back to the entry level, you will automatically exit to protect the principal.

The 4H Bollinger Band upper band at 2263 forms short-term resistance, but the middle band at 2129 has turned into dynamic support. The 1H EMA20 at 2195 suggests that if the price retraces to this area and is accompanied by an increase in trading volume, it’s an ideal second re-entry point. The current risk-reward ratio is 4.0, and the odds are sufficient to cover the risk of the pullback. Market sentiment is biased toward chasing rallies, but the overhead sell pressure needs to be digested healthily.

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