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$ETH Signal - Multiple callbacks, negative fee rate + deep order book skewed bullish
$ETH Buyer's depth ratio 1.92, clear intention to defend the price with orders. 4H MACD shows bullish expansion, price running near the upper Bollinger Band; 1H MACD bullish momentum is waning, but RSI stays around 60, indicating buying pressure has not dissipated. Funding rate is negative, short positions have high costs, and short squeeze conditions are emerging. Waiting for the price to retrace to the dense daily moving average zone, with strong support below.
🎯Direction: Long (pullback orders)
⚡Entry/Order: Long within the range of 2322.54 - 2328.69
🛑Stop loss: 2310.06
🚀Target 1: 2365.95
🚀Target 2: 2384.58
🛡️Trade management: - Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back into the entry zone, exit automatically to protect capital.
Depth logic: Negative fee rate persists, short positions are passively closed or help push the price higher; depth imbalance shows sell pressure is being quickly absorbed. 4H Bollinger Bands opening upward, with the midline around 2319 providing secondary support. Risk-reward ratio of 2.0, meeting aggressive strategy requirements.
View real-time market 👇 $ETH
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