【$ETH Signal】Pullback to go long, short squeeze expectations remain

$ETH 1H level pullback to EMA20, buying pressure accumulating above 2080. The middle band of the 4H Bollinger Bands at 2038 provides strong support, MACD histogram is contracting but still above zero. Funding rate and open interest are both rising, indicating passive covering pressure on shorts persists.

🎯Direction: Long

⚡Entry/Order: Buy in batches within the 2061 - 2078 range

🛑Stop Loss: 2059

🚀Target 1: 2114

🚀Target 2: 2136

🛡️Trade Management:
- Execution Strategy: Reduce position by 50% 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 shows buy depth is 56% thicker than sell depth, indicating clear bottom support intent. The 1-hour RSI has pulled back from 54, with healthy momentum. Open interest remains stable, no signs of large-scale fund outflows. This correction seems more like a main force clearing out floating positions rather than a trend reversal. Risk-reward ratio exceeds 2, worth a try.

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