$ETH Signal】Breakthrough follow-up, digest selling pressure and look for continuation


$ETH The 1H level price has already broken above the Bollinger upper band, with deep buy orders at 2230.4 showing a large sell wall of 175.7. This fake signal suggests strong bullish intent, but the selling pressure above has suddenly increased. The 4H MACD histogram is contracting, but the 1H golden cross is diverging upward, with volume and price in decent alignment.

🎯Direction: Long

⚡Entry: Enter at the current price of 2230.6, or place an order around 2218.5 for ambush.

🛑Stop loss: 2132.14

🚀Target 1: 2304.91

🚀Target 2: 2362.49

🛡️Trade management:
- Execution strategy: Half position at Target 1, remaining to protect capital. If the price retraces into the entry zone, exit immediately.

Market depth shows dense buy orders, but above 2230.4 sell pressure is concentrated, requiring a volume surge to digest. The 1H RSI is near 65, leaving room for further upward movement. Open interest remains stable, funding rate is neutral, and there is no short squeeze risk. The risk-reward ratio is close to 1:1, within an acceptable intraday trading range.

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