【$ETHUSDT】Don't rush to buy the dip or chase the highs, check this first

$ETH Funds are fleeing frantically. This selling pressure during routine intraday fluctuations is no accident. After the MACD death cross on the 4-hour level, the histogram bars are still expanding. Price is firmly suppressed below the middle band of the Bollinger Bands, with bears completely controlling the rhythm. RSI has dropped to 30.78, appearing oversold, but with a gap in buying interest and weak rebounds. Although there's a MACD golden cross formation on the 1-hour level, trading volume is shrinking—it looks more like a pause in the downtrend.

Direction: Short
Entry/Limit Orders: Short directly near the current price of 2043, or add positions on rebounds to 2058-2062 range
Stop Loss: Above 2072
Target 1: 1988
Target 2: 1936
Trade Management: After reaching the first target, move to breakeven, then let remaining positions aim for deeper pullbacks. In this structure, any rebound is an opportunity to add positions. Risk-reward ratio exceeds 4:1, worth the trade.

Check real-time market 👇 $ETH
---
Follow me for more real-time crypto market analysis and insights! $BTC $ETH $SOL
‍#Gate13周年全球庆典 #Gate储备金报告 #加密行情震荡