【$ETH Signal】Long | 1H-level pullback and pin, main force support traces obvious
$ETH price precisely retraced to 1-hour EMA50 and 4-hour EMA20 resonance support zone, and buying depth far exceeds selling depth, lower-level support is exceptionally strong.
🚀 Target 1: 2115.00 (resistance near previous high)
🚀 Target 2: 2135.00 (4H-level extended target)
🛡 ️Trade Management: - Execution Strategy: Once price touches the first target, reduce position by 50% to lock in profits, and move the stop loss of remaining positions up to entry price, achieving risk-free holding, allowing remaining position to participate in trend continuation.
Deep Logic: Order book data reveals key information. Although price pulled back slightly, the bid price (2095.72) accumulated over 72 ETH massive buy orders, forming a solid capital moat. Meanwhile, open interest (OI) remained stable and did not decrease with price decline, indicating shorts did not open positions on a large scale to apply pressure. The current decline looks more like the long main force's active washout and chip accumulation before key support levels. Combined with negative funding rates, shorts are paying costs. Once price stabilizes and rebounds, it will easily trigger a chain reaction of short liquidations.
【$ETH Signal】Long | 1H-level pullback and pin, main force support traces obvious
$ETH price precisely retraced to 1-hour EMA50 and 4-hour EMA20 resonance support zone, and buying depth far exceeds selling depth, lower-level support is exceptionally strong.
🎯 Direction: Long
⚡ Entry/Limit Order: 2082.84 - 2084.44 (pullback long)
🛑 Stop Loss: 2079.00 (slightly below 1H-level previous low)
🚀 Target 1: 2115.00 (resistance near previous high)
🚀 Target 2: 2135.00 (4H-level extended target)
🛡 ️Trade Management:
- Execution Strategy: Once price touches the first target, reduce position by 50% to lock in profits, and move the stop loss of remaining positions up to entry price, achieving risk-free holding, allowing remaining position to participate in trend continuation.
Deep Logic: Order book data reveals key information. Although price pulled back slightly, the bid price (2095.72) accumulated over 72 ETH massive buy orders, forming a solid capital moat. Meanwhile, open interest (OI) remained stable and did not decrease with price decline, indicating shorts did not open positions on a large scale to apply pressure. The current decline looks more like the long main force's active washout and chip accumulation before key support levels. Combined with negative funding rates, shorts are paying costs. Once price stabilizes and rebounds, it will easily trigger a chain reaction of short liquidations.
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