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$ETH Signal】Hold Cash and Wait — Downtrend Continuation in Deep Imbalance
$ETH After breaking below the key psychological level of 2000, the price is consolidating weakly in the 1900-1950 range. The 4H chart shows sustained pressure below the EMA20 (2002), with each rebound met by selling pressure, forming a flag pattern in the downtrend.
🎯Direction: Hold Cash
Market depth is severely imbalanced (-5.64%), with sell orders (Asks) accumulating 18.9K ETH at 1940.49, far exceeding buy-side volume, indicating heavy selling pressure above. Although the funding rate is negative (-0.0025%), open int