【$ETH Signal】Long | Healthy Consolidation After Strong Breakout

$ETH On the 4-hour chart, after a volume breakout above 2000, the price consolidates at a high level near the previous high. The price action indicates healthy profit-taking and absorption of buy orders, rather than top-selling. The order book depth shows concentrated buy support, funding rates remain positive but not overheated, indicating that bullish sentiment is stable.

🎯 Direction: Long

🎯 Entry: 2045 - 2060

🛑 Stop Loss: 1995 ( Rigid stop loss, invalid if it breaks below the previous breakout structure )

🚀 Target 1: 2150

🚀 Target 2: 2250

Depth Logic: The 4-hour candlestick chart shows continuous volume-driven bullish candles breaking through key resistance zones (1950-2000), with the last candle closing at a high, forming a “breakout-consolidation” structure. Currently, the price is oscillating narrowly above the breakout zone (~2060). The order book shows significantly more buy orders than sell orders in the 2060-2062 range, providing immediate support. The funding rate of +0.01% indicates healthy bullish sentiment without excessive leverage. The price retraces to the previous breakout level without obvious selling pressure, which is a typical “healthy reset” in a strong market, preparing for the next upward push. Statistically, maintaining above 2040 increases the probability of continuing the upward trend.

Trade here 👇 $ETH

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‍#Gate广场创作者新春激励 #Is the current market bottoming out or just observing?