#Gate2月透明度报告 $ETH Signal】Long | 4H breakout and retest confirmation, main force clearly supporting the market



$ETH 1H timeframe is strongly consolidating above EMA20, and the 4H timeframe has broken through the previous oscillation zone with increased volume, forming a bullish structure. The current price has slightly retraced, presenting an excellent opportunity for a second entry. Open interest remains stable, and the negative funding rate suggests that bears are still paying costs, setting the stage for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 2010.38 - 2024.77

🛑Stop Loss: 2010.38

🚀Target 1: 2082.36

🚀Target 2: 2111.16

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price fails to break through Target 1 and falls back into the entry zone, exit decisively and wait for the next opportunity.

Deep Logic: The 4-hour chart shows the price has stabilized above key moving averages, with the last candle showing active buying. Although there is a slight retracement on the 1-hour chart, open interest has not decreased, indicating that main funds have not exited and are actively supporting the market at this level. Order book data shows a large sell order at the first ask, which, if absorbed, could trigger a rapid rally. The RSI indicator is healthy, not in overbought territory, with ample room above.

View real-time market 👇 $ETH

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