【$ETH Signal】Pullback to buy/False breakdown with funds supporting

$ETH 4-hour level a large bearish candle broke through the 2000 integer level, but then three candles closed with long lower shadows, and the price was firmly supported above 1970. The 1-hour MACD histogram continued to expand below the zero line, clearly indicating a weakening of bearish momentum. Market depth shows thick buy orders around 1990.5, with over 25,000 ETH queued to buy below, while sell orders are scattered.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 1973 - 1977 range

🛑Stop Loss: 1937

🚀Target 1: 2138

🚀Target 2: 2218

🛡️Trading Management:
- Execution Strategy: After reaching the first target, move the remaining position’s stop loss up to the entry price. If the price fails to hold above 2000 and drops below 1970 again, consider it a false breakout failure and exit early.

Position size remains stable after the crash, with no chain reaction of liquidations causing widespread sell-offs, indicating that main funds have not exited. The 1-hour RSI rebounded from oversold territory to 35, forming a bullish divergence with the price. In a negative funding rate environment, short positions become more costly, and any upward price pulse could trigger a short squeeze. The risk-reward ratio at this level exceeds 1:4, making it worthwhile to take a limited risk for a daily rebound correction.

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