【$ETH Signal】Bear Trap: 1H MACD turns positive but 4H bearish structure not broken, rebound faces resistance

$ETH Market depth shows buy orders at 2.59 times, but price has been under pressure below EMA20 (1709) and EMA50 (1730) for three consecutive hours. The 1H MACD histogram turns positive, but rebound strength is weak, and the 4H MACD green bars continue to shrink while DIF remains below zero. Selling pressure has not been fully released, and a sell stack forms around 1696 during the rebound.
🎯 Direction: short
⚡ Entry/Order: Short at 1694.701 - 1699.800 range, current price 1699.8 has entered the range, enter directly.
🛑 Stop loss: 1749.743
🚀 Target 1: 1624.886
🚀 Target 2: 1587.429
🛡️ Trade management: - Reduce position by 50% after reaching Target 1, move stop loss to entry price. If price rebounds into the entry zone, exit proactively.
Depth logic: OI remains stable but funding rate approaches zero, indicating no desire for long positions to increase. During rebound, trading volume shrinks (only 54k coins in the last 1H), raising doubts about support strength. Risk-reward ratio is 1.5, making the short-term short position acceptable in terms of cost performance.
View real-time market 👇 $ETH
---
Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL
‍#我的Gate交易时刻 #沃什首秀美联储利率不变 #预测世界杯巴西VS海地