【$ETH Signal】Pullback to buy, main force clearly intends to support the market

$ETH 1H timeframe repeatedly tests the 2000 level, with strong buying depth, and dense orders in the 1989-1993 range below. The 4H MACD histogram begins to expand, indicating weakening bearish momentum. Under a negative fee environment, open interest remains stable, and the price refuses to drop sharply, which is a clear signal of capital support.

🎯Direction: Long

⚡Entry/Order: 1989.46 - 1993.07

🛑Stop Loss: 1958.87

🚀Target 1: 2129.89

🚀Target 2: 2198.30

🛡️Trade Management:
- Execution Strategy: After the price reaches the first target, reduce position by half to lock in profits, and move the remaining stop loss up to the entry price. If the price cannot stay above 2000 and falls back into the entry zone, it should be considered a false breakout and exited decisively.

Order book data shows that above the ask price of 2004.76, there are over 100 ETH worth of sell orders, creating short-term resistance, but buy orders below are more continuous and substantial. The 1-hour RSI is around 47, neither overheated nor panicked, providing healthy rebound space. The lower band of the 4-hour Bollinger Bands near 1941, together with the stop loss level, forms a strong support zone. Open interest remains stable during price fluctuations, indicating no large-scale long liquidation, more like active shakeout. Under this structure, the risk-reward ratio exceeds 4 times, making it worth positioning.

Check real-time market 👇 $ETH
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