【$ETH Signal】Short squeeze buildup, pull back to go long

$ETH 1H timeframe high-level sideways trading, buying depth far exceeds selling, but trading volume shrinks sharply. The upper band of the 4H Bollinger Bands at 2276 acts as resistance, MACD histogram begins to contract. Negative funding rates coexist with stable open interest, indicating ample short-squeeze fuel.

🎯Direction: Long

⚡Entry/Order: Layered entries in the 2201.36 - 2241.87 range

🛑Stop loss: 2139.64

🚀Target 1: 2324.80

🚀Target 2: 2386.52

🛡️Trade management:
- Execution strategy: Reduce 50% of position after reaching Target 1, and move stop loss to break-even. If price falls back into the entry zone, automatically exit to protect capital.

Order book data shows buy orders near 189 units at 2253.01, while above 2253.02 sell orders are sparse, indicating clear support intent. The 1-hour RSI hovers around 66, not entering overbought territory, leaving room for further upward movement. The 4-hour price remains above the EMA20, maintaining a bullish structure. This deep imbalance combined with negative rates often signals a short squeeze ahead, with a risk-reward ratio over 1:2, making it worth a try.

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