【$ETH Signal】Long + 1H Momentum Breakout, Main Force Short Squeeze in Progress

$ETH The 1H timeframe is currently consolidating at a high level after a strong momentum breakout, with the price firmly above all short-term moving averages. A single massive bullish candle on the 4H chart has directly reversed the downward trend, forming a V-shaped reversal pattern. Currently, sell orders at 2072.14 are stacked with 116.77 ETH, creating short-term resistance, but the buy order depth remains continuous, indicating strong support below. Open interest remains stable, and the price has surged without a decrease in open positions. This is not a short-covering rebound, but new buying forces entering!

🎯Direction: Long (Long)

🎯Entry/Order: 2070.00 - 2073.00 (Near current price)

🛑Stop Loss: 2048.00 (Break below 1H EMA20 and previous 1H candle low)

🚀Target 1: 2100.00 (Psychological level)

🚀Target 2: 2135.00 (4H resistance zone)

🛡️Trade Management:

- Position: Standard size. Price has broken through, avoiding missing the move, but strict stop-loss is required.

- Strategy Execution: After reaching 2100, reduce position by 50%, and move the remaining position's stop-loss up to the entry price of 2073. If the price strongly breaks through 2100 and stabilizes, the remaining position can be kept to target the second goal.

Depth Logic: RSI on 1H is as high as 86.69, indicating overbought conditions, but in a strong short squeeze environment, overbought can persist. The key is the fund flow; is_taker_buying is true, and buy depth ratio is 0.14, showing strong active buying. The buy/sell ratio on the 4H chart remains above 0.5, indicating market sentiment is bullish. This rally started from 1850, with clear main force cost basis. The first target at 2100 is a dense stop-loss zone for shorts, likely to accelerate the short squeeze.

View real-time market 👇 $ETH

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