【$ETH Signal】1H timeframe short-term bearish momentum releases—sniping the rebound’s exhaustion

$ETH 1H timeframe MACD histogram continues to expand, with the bearish lineup fully aligned. 4H timeframe price has already fallen below the middle band of the Bollinger Bands; buying-side depth imbalance reaches -71.63%, and active sell pressure dominates. The 1-hour trading volume expands notably as price declines, but the latest hour’s volume thins out—selling momentum may temporarily slow down.

🎯Direction: Short the rebound

⚡Entry/Order: When price rebounds to around 2321.77, short immediately; or wait for the rebound to reach the upper edge of the range.

🛑Stop loss: 2357.13

🚀Target 1: 2251.06

🚀Target 2: 2215.70

🛡️Trade management:
- Execution strategy: After the price reaches the first target, move the remaining position’s stop loss down to the entry position to lock in profits. If the price directly breaks back through the entry position in the opposite direction, exit immediately.

Order book data reveals that the sell wall is far thicker than the buy side, making the fund’s intention to exit clear. The 4-hour MACD’s two lines open wider below the zero axis, suggesting a weak medium-term trend. The current risk-reward ratio is close to 2, so the risk-return structure of this trade is acceptable, but be alert for a brief technical rebound that could occur near the 1-hour Bollinger lower band.

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