【$ETH Signal】Two-way Order Book Battle! 1H Consolidation with Decreasing Volume, Waiting for 4H Direction Choice
$ETH The 1H timeframe is consolidating with decreasing volume below the EMA20 (2070.8), and the price is being suppressed. The 4H EMA50 (2066.4) acts as a key resistance, but the 1H EMA50 (2052.5) below provides support. Currently at a critical point between bulls and bears, open interest is stable, and selling pressure in the order book is slightly heavier (imbalance -51.26%), awaiting confirmation of the trend.
🎯 Direction: Watch and Wait (Two-way Orders)
⚡ Order Strategy (Long):
🎯 Entry/Order: 2066.5 - 2071.0 (Reason: Stabilize and break through the 1H EMA20 and 4H EMA50 resistance levels, confirming a bullish return)
🛑 Stop Loss: 2050.0 (Reason: Break below the 1H EMA50 and recent consolidation low)
🚀 Target 1: 2095.0 (Reason: Previous high resistance zone)
🚀 Target 2: 2115.0 (Reason: 4H previous high and Fibonacci extension levels)
⚡ Order Strategy (Short):
🎯 Entry/Order: 2052.0 - 2048.0 (Reason: Break below the 1H EMA50 and key support, bearish momentum released)
🛑 Stop Loss: 2072.0 (Reason: Reclaim the 1H EMA20, invalidating the bearish structure)
🚀 Target 1: 2030.0 (Reason: Previous low support)
🚀 Target 2: 2010.0 (Reason: Downside target based on ATR measurement)
🛡️ Trade Management:
- Position Suggestion: Light position (Reason: Trend is unclear, this is a breakout battle with higher risk)
- Execution Strategy: When either side’s order is triggered, the other side’s order is automatically canceled. After reaching the first target, move the stop loss to the entry point (breakeven). If the price oscillates near the entry point for more than 4 one-hour candles, consider manually exiting.
Depth Logic: Current market logic indicates a downward trend, but open interest remains stable, suggesting it’s not major players offloading, more likely a liquidation of longs or a shakeout. The 1H RSI (46.45) is in a neutral to weak zone with no clear divergence. The buy/sell ratio in the latest 1H candle reaches 0.86, showing some local buying attempts. The key is whether the price can effectively stay above the 2066-2071 zone, which is the dividing line between bulls and bears.
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【$ETH Signal】Two-way Order Book Battle! 1H Consolidation with Decreasing Volume, Waiting for 4H Direction Choice
$ETH The 1H timeframe is consolidating with decreasing volume below the EMA20 (2070.8), and the price is being suppressed. The 4H EMA50 (2066.4) acts as a key resistance, but the 1H EMA50 (2052.5) below provides support. Currently at a critical point between bulls and bears, open interest is stable, and selling pressure in the order book is slightly heavier (imbalance -51.26%), awaiting confirmation of the trend.
🎯 Direction: Watch and Wait (Two-way Orders)
⚡ Order Strategy (Long):
🎯 Entry/Order: 2066.5 - 2071.0 (Reason: Stabilize and break through the 1H EMA20 and 4H EMA50 resistance levels, confirming a bullish return)
🛑 Stop Loss: 2050.0 (Reason: Break below the 1H EMA50 and recent consolidation low)
🚀 Target 1: 2095.0 (Reason: Previous high resistance zone)
🚀 Target 2: 2115.0 (Reason: 4H previous high and Fibonacci extension levels)
⚡ Order Strategy (Short):
🎯 Entry/Order: 2052.0 - 2048.0 (Reason: Break below the 1H EMA50 and key support, bearish momentum released)
🛑 Stop Loss: 2072.0 (Reason: Reclaim the 1H EMA20, invalidating the bearish structure)
🚀 Target 1: 2030.0 (Reason: Previous low support)
🚀 Target 2: 2010.0 (Reason: Downside target based on ATR measurement)
🛡️ Trade Management:
- Position Suggestion: Light position (Reason: Trend is unclear, this is a breakout battle with higher risk)
- Execution Strategy: When either side’s order is triggered, the other side’s order is automatically canceled. After reaching the first target, move the stop loss to the entry point (breakeven). If the price oscillates near the entry point for more than 4 one-hour candles, consider manually exiting.
Depth Logic: Current market logic indicates a downward trend, but open interest remains stable, suggesting it’s not major players offloading, more likely a liquidation of longs or a shakeout. The 1H RSI (46.45) is in a neutral to weak zone with no clear divergence. The buy/sell ratio in the latest 1H candle reaches 0.86, showing some local buying attempts. The key is whether the price can effectively stay above the 2066-2071 zone, which is the dividing line between bulls and bears.
Trade here 👇 $ETH
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