【$ETH Signal】Long - 1H breakout pullback confirmation, main force clearly intends to support the market

$ETH The 1H level has completed a pullback confirmation above EMA20 (2042), with the latest 1H candle showing increased volume and a rally, forming a bullish engulfing pattern. The 4H level has stabilized above EMA20 (1965) and broken through the previous consolidation range upper boundary, indicating a trend reversal to bullish. In a negative funding rate environment, open interest remains stable, and prices are firm, implying main force support and potential short squeeze risk.

🎯Direction: Long (Long)

🎯Entry/Order: 2068 - 2072 (Reason: 1H pullback confirmation above the upper boundary, EMA20_1H dynamic support )

🛑Stop Loss: 2040 (Reason: Falling below the key support previous low and EMA20_1H at the 1H level )

🚀Target 1: 2120 (Reason: Previous high resistance at the 4H level )

🚀Target 2: 2180 (Reason: 1.618 Fibonacci extension based on recent wave height )

🛡️Trade Management:

- Position size suggestion: Standard position (Reason: Resonance between 1H and 4H, risk-reward ratio >1.5 )

- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Trail remaining position for take profit; if 1H closing price falls below EMA20 (dynamic), exit all.

Deep logic: Market depth shows strong buy-side depth, bid_ask_ratio_depth as high as 2.74, indicating strong large order buying intent. 1H RSI (65) is healthy, not overbought, with upward space. 4H RSI (69) is close but not above 70, momentum remains. Stable open interest with rising prices, combined with negative funding rates, suggests a typical short squeeze structure is brewing.

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