【$ETH Signal】Oversold Rebound Sniper! 1H Level RSI Bottom Divergence, Clear Signs of Main Force Supporting the Market

$ETH The 1H level is building a short-term bottom in the 1900-1930 range, with RSI showing serious bottom divergence. Prices are falling but open interest remains stable, indicating that the selling pressure is more likely due to long liquidation rather than main force distribution. Although the 4H level is in a downtrend channel, it is approaching a previous dense trading zone, with bearish momentum weakening. Currently, the 1H candlestick is oscillating below the EMA20, waiting for a volume breakout to confirm the rebound initiation.

🎯Direction: Long (Long)

⚡Entry/Order: 1925.00 - 1935.00

🛑Stop Loss: 1895.00

🚀Target 1: 1980.00

🚀Target 2: 2020.00

🛡️Trade Management:
- Position Suggestion: Light Position
- Execution Strategy: When the price stabilizes above the 1H EMA20 (around 1960), it can be considered a preliminary sign of strength. After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price stalls in the 1930-1950 range, consider exiting early.

Deep Logic: Market depth data shows unusually thick buy orders around 1920, indicating clear main force support. Open interest trend remains stable; despite a significant price drop, open interest has not collapsed, suggesting it’s not main force distribution. The 1H RSI is only 29.29, in the oversold zone, forming a bullish divergence with new lows, signaling an imminent technical rebound. Negative funding rates also provide potential fuel for short covering.

Check real-time market 👇 $ETH

---

Follow me: Get more real-time analysis and insights on the crypto market!

‍#我在Gate广场过新年 #当前行情抄底还是观望？ $BTC $ETH $SOL