【$ETH Signal】Oversold rebound, 1H level support test

$ETH 1H level RSI drops to 26.77, entering oversold territory. The lower band of the 4H Bollinger Bands at 2255.5 is briefly pierced and then recovered, with the price repeatedly testing around 2260. The order book depth shows buy orders are imbalanced at -56.1%, but the latest 1-hour buy order ratio has risen to 0.53, indicating that the bearish momentum is weakening at the current position.

The price is fluctuating within the 2257.3 to 2317.85 range, with support beginning to appear.

⚡Enter directly around the current price of 2268, or place a pending order at 2257.3.

🛑Defense must be placed above 2336.39.

🚀First target is 2280.76, and after breaking through, look at 2262.22.

🛡️Trading management:
- Execution strategy: Reduce position by half after the price reaches 2280.76, with the remaining position's stop-loss moved up to the cost price. If the price cannot stabilize in the entry zone, exit decisively.

The 4-hour MACD histogram is still expanding, but the negative bars on the 1-hour MACD have begun to shrink, indicating weakening bearish momentum. Open interest remains stable, funding rate is slightly negative, and short-term short squeeze risk is low. The risk-reward ratio at this position is favorable, with the key being whether the price can establish effective support above 2250.

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