【$ETH Signal】Pullback to Long + 1H Level Stabilization and Rebound

The 1H level found support near the previous low, and the price has regained above the EMA20 (1961.57), showing signs of stabilization and rebound. Although the 4H level is still in a volatile downtrend channel, the latest candlestick closed bullish, and the buying ratio has risen to 0.76, indicating weakening short-term selling pressure and a potential technical rebound.

🎯Direction: Long $ETH Long(

⚡Entry/Order: 1961.63 - 1971.49

🛑Stop Loss: 1942.00

🚀Target 1: 2000.00

🚀Target 2: 2025.00

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry average price. Trail the remaining position for profit-taking; if the 1H closing price falls below EMA20 (currently around 1961.5), exit all positions.

Depth Logic: The price rebounded from the 4H low, and the 1H RSI (53.07) has returned to a neutral-leaning strong zone, indicating improved momentum. Although selling pressure remains high (Depth imbalance -71.10%), open interest remains stable (OI Trend: Stable), and recent buy volume has surged, suggesting funds are still supporting the decline. Combined with negative funding rates, there is a possibility of short covering triggering a short squeeze. The entry zone combines 1H EMA20 support with dense buy orders at specific price levels.

View real-time market 👇 )

---

Follow me: Get more real-time analysis and insights on the crypto market! $ETH
$BTC $ETH ‍$SOL #我在Gate广场过新年