【$ETH Signal】Pullback to buy, capital support reveals intent

$ETH 1H level repeatedly tests the 2230-2248 range, 4H Bollinger Band middle line above 2213 with continuous buying pressure supporting the price. Market depth shows a very thick buy wall below 2243, and selling pressure is quickly absorbed. In a negative fee environment, prices remain firm, and a short squeeze structure is forming.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 2214.81 - 2232.78 range

🛑Stop loss: 2151.19

🚀Target 1: 2342.05

🚀Target 2: 2405.67

🛡️Trade management:
- Execution strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to breakeven. If the price falls back into the entry zone, automatically exit to protect capital.

1H MACD histogram contracts, bearish momentum weakening. Price stabilizes above EMA20 on the 4H level, and the medium-term trend remains intact. Open interest remains stable, with no signs of large-scale capital withdrawal. Current risk-reward ratio exceeds 1.3, with favorable odds. This kind of market depth imbalance often indicates a rapid short squeeze.

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