【$ETH Signal】Short squeeze buildup, pullback is a buy signal

$ETH 4H level MACD histogram continues to expand, price remains below the Bollinger upper band, consolidating. The order book shows 448 sell orders at the best ask, with a clear gap in buy-side depth, but funding rate and open interest are both rising, indicating ample short-squeeze fuel.

🎯Direction: Long

⚡Entry/Order: 2128.55 - 2131.83

🛑Stop Loss: 2100.68

🚀Target 1: 2256.46

🚀Target 2: 2318.77

🛡️Trade Management:
- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss to break-even. If the price falls back to the entry level, automatically exit to protect capital.

Current market sentiment leans toward greed, but short positions are continuously accumulating under positive funding rates, creating potential fuel for a short squeeze. Although there is a slight correction on the 1H chart, the 4H EMA20 and EMA50 are already in a bullish alignment. A pullback to the EMA20 is an ideal zone for support. Under this structure, the risk-reward ratio exceeds 4:1, making it worthwhile to risk limited capital for an upward acceleration.

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