【$ETH Signal】1H Breakout and Retest Confirmation, Main Force Supports the Market, Sniping Rebound

$ETH The 1H timeframe has experienced a massive rally and is currently consolidating at high levels, with a retest confirming the breakout is valid. The 4H timeframe has formed a strong bullish engulfing pattern, establishing an upward trend. Although the 1H RSI indicates overbought conditions, open interest remains stable, and buy-side depth is far greater than sell-side, showing that the main force has not exited but is actively supporting the market at this price level. This is a typical strong consolidation, building momentum for the next upward move.

🎯Direction: Long

⚡Entry/Order: 2022.0 - 2066.9 (Patience for a retest to optimize entry zone)

🛑Stop Loss: 1980.0

🚀Target 1: 2180.0

🚀Target 2: 2250.0

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50%, and move the remaining position’s stop loss to the entry price. If the price strongly breaks through Target 1 and stabilizes, move the remaining position’s stop loss to Target 1 to aim for Target 2.

Depth Logic: Over the past 4 hours, the price has broken through key resistance with a significant increase in trading volume, a clear signal of main capital entering the market. Current order book data shows a clear buy-side depth advantage, with an imbalance that provides solid support for the price. The 1-hour EMA20 has crossed above EMA50 to form a golden cross, indicating a short-term upward trend. Combined with stable open interest and positive funding rates, market sentiment leans bullish, and a pullback is an opportunity.

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