【$ETH Signal】Oversold Rebound Play! 1H Extreme Oversold, Waiting for a Bottoming Signal to Snag $ETH The 1H timeframe is experiencing sideways consolidation after a waterfall decline, with the price reaching the 1939-1941 zone. The 1H RSI has dropped to 19.82 in the extreme oversold area. Looking at the 4H level, a large bearish candle has directly broken through all short-term moving averages, indicating a bearish trend. However, the downward momentum has released too quickly, creating a technical rebound demand. Currently, selling pressure is concentrated around 1941.5, but buy orders below are still substantial, open interest remains stable, and there is no sign of panic selling—more like a vacuum zone after a passive liquidation of longs. 🎯Direction: Wait and See (Pending Orders ) - Await clear bottoming signals or breakout signals for a rebound. ⚡Order Strategy: 1. 【Aggressive Long Position Setup】Buy Limit @ 1935.00 (Reason: Previous low psychological support, near 1H ATR lower band ) 2. 【Breakout Confirmation for Long Entry】Buy Stop @ 1968.00 (Reason: Break above the 1H downtrend channel upper boundary and EMA20_1h resistance, confirming rebound initiation ) 🛑Stop Loss: - Order 1 Stop Loss @ 1920.00 (Reason: Break below previous low 1939, confirming continued decline ) - Order 2 Stop Loss @ 1950.00 (Reason: Failed breakout, re-entering the consolidation zone below ) 🚀Target 1: - Order 1 Target @ 1995.00 (Reason: Resistance at the previous small platform on 1H and near EMA50_1h ) - Order 2 Target @ 2015.00 (Reason: Middle of the large bearish candle on 4H and EMA20 resistance ) 🚀Target 2: - Order 1 Target @ 2025.00 (Reason: Strong resistance zone at 4H EMA20 ) - Order 2 Target @ 2050.00 (Reason: Previous high resistance on 4H ) 🛡Trade Management: - Position Suggestion: Light position (Reason: 4H trend remains bearish, rebound nature is still uncertain, risk is high ) - Execution Strategy: If Order 1 is filled, and the rebound reaches near Target 1, reduce position by 50%, and move stop loss to entry point. If Order 2 is filled, consider it a stronger signal, hold until Target 2, but closely monitor whether 1968 support remains effective. Deep Logic: Price drops 7%, but open interest remains stable, indicating the decline is mainly driven by spot selling or long leverage liquidations rather than active shorting. Slight negative funding rate ( -0.0033%), with no strong short squeeze risk. The 1H RSI is severely oversold, indicating a strong technical correction is needed. The key is whether a bullish engulfing or hammer pattern can form in the 1930-1940 zone on the 1H chart. The order book depth shows a wall of 43.5 ETH above 1941.5, which is the first hurdle for a rebound. Trade here 👇 $ETH --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包

【$BTC Signal】1H Oversold Rebound + Order Book Accumulation, Short-term Fixation $BTC The 1H RSI has entered the oversold zone (30.9), with the price consolidating in the 68000-68200 range on low volume. Although the 4H trend is still in a downtrend, there are signs of stabilization on the 1H chart. The order book shows buy depth significantly exceeding sell depth (imbalance 31.45%), suggesting that the main force may be defending the low levels. Open interest remains stable with no signs of panic selling, indicating a typical slowdown in decline. A short-term rebound is imminent. 🎯Direction: Long (Long) 🎯Entry/Order: 68280 - 68350 (Reason: Stabilize above the current consolidation upper boundary, with dense buy depth zone ) 🛑Stop Loss: 67900 (Reason: Break below recent 1H low and psychological level 68000, confirming continued decline ) 🚀Target 1: 69000 (Reason: 1H EMA20 resistance and previous small platform ) 🚀Target 2: 69500 (Reason: Lower boundary of the 4H downtrend relay platform ) 🛡️Trading Management: - Position suggestion: Light position (Reason: The 4H trend remains bearish; this is a counter-trend rebound, strict risk control is necessary ) - Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry point. Hold remaining position to aim for Target 2. If the price hovers in the entry zone for over 2 hours without progress, exit proactively. Depth logic: Price declines but open interest remains stable, indicating it’s not main force unloading but rather a leverage washout among bulls. The 1H RSI is severely oversold, suggesting technical correction is needed. The buy depth is nearly twice the sell depth, showing strong support below. Coupled with slightly positive funding rates, market sentiment is not extremely pessimistic, fueling the short-term rebound. The key is whether the price can quickly recover the 1H EMA20 (69228) to reverse the short-term downward trend. Trade here 👇 $BTC --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #Gate广场发帖领五万美金红包