1H level, after experiencing a rapid surge, is currently pulling back to retest the EMA20 (2032.5) for consolidation. Although the 4H level remains in a downward channel with a rebound, the key point is: when the price declines, open interest (OI) remains stable and does not show signs of panic selling, which suggests that the main force may be defending the price rather than distributing. The 1H RSI (54.33) is in a healthy zone, preparing for another upward move.

🎯Direction: Long $ETH Long(

🎯Entry/Order: 2035 - 2040 USDT (You can enter in batches near the current price)

🛑Stop Loss: 2015 USDT (Break below 1H EMA50 and previous low support at 2010)

🚀Target 1: 2070 USDT (Previous high on 4H and recent resistance)

🚀Target 2: 2100 USDT (Stronger resistance zone, partial profit-taking recommended)

🛡️Trade Management:

- Position suggestion: Light position )Reason: The 4H trend has not fully reversed, representing a counter-trend rebound game, risk control is necessary (

- Execution strategy: When the price reaches 2070, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 2040. If the price strongly breaks through 2070 and stabilizes, hold the remaining position to target 2100.

Depth logic: Market depth data shows buy-side depth (bid_ask_ratio_depth: 1.31) is better than sell-side, indicating a slight imbalance. Over the past few hours, the price has risen from a low of 1999 to 2063, but OI remains stable, indicating genuine buying pressure rather than short covering. The 1H candlestick is consolidating with decreasing volume above the EMA20, a typical bullish continuation pattern. Coupled with extremely low funding rates (0.0020%), there is no risk of a long squeeze, and it even provides a safety cushion for bulls.
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