【$ETH Signal】1H bearish suppression, rebound weak and thus bearish

$ETH 1H rebound is firmly suppressed by EMA20, current price at 2107. The 4H Bollinger middle band is below, MACD histogram continues to shrink, indicating weakening bullish momentum. The order book shows 233 ETH stacked at the sell side, with shallow buy depth, and very weak capital support.

🎯Direction: Short

⚡Entry: Short at current price 2107, or add to short on rebound near 2115

🛑Stop Loss: 2125

🚀Target 1: 2080

🚀Target 2: 2065

🛡️Trade Management:
- Execution strategy: Reduce half of the position when price reaches 2080, and move the remaining stop loss down to the break-even point. If the price rebounds and breaks above 2116 and stabilizes, exit and observe.

The 1H RSI hovers around 45, lacking upward momentum. The 4-hour volume expands during declines and contracts during rebounds, a typical bearish dominant structure. Open interest remains stable but prices decline, indicating passive absorption by bulls rather than active buying. Negative funding rates favor bears, but the margin is small, so watch out for short squeeze risks. The current risk-reward ratio is close to 2:1, which is acceptable.

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