【$ETH Signal】Pullback to add longs, 1H level funds support

$ETH The 1H level is oscillating narrowly around 2049, with the price firmly held below the EMA20. However, the buy order depth below is unusually thick, with orders around 2049.8 far exceeding sell orders. The 4-hour MACD green bars are continuously shrinking, indicating weakening bearish momentum. Entering a short position at this level offers a poor risk-reward ratio, more likely reflecting the main force repeatedly testing support at a critical point.

🎯Direction: Long

⚡Entry/Order: 2033.44 - 2037.33

🛑Stop Loss: 2000.50

🚀Target 1: 2184.65

🚀Target 2: 2258.31

🛡️Trade Management:
- Execution Strategy: After reaching the first target, reduce half of the position and move the stop loss to the entry price. Hold the remaining position to aim for the second target. If the price pulls back and breaks below the moving stop loss, exit all positions.

Position size remains stable, but the price cannot effectively break downward, indicating that selling pressure has been continuously absorbed. The 1-hour RSI hovers around 45 and has not entered oversold territory. This stagnation often signals an imminent shift in bullish and bearish forces. Combined with order book data, a large number of buy orders are stacked in the 2040-2050 range, clearly showing support from funds. The current market sentiment is cautious. Under this structure, a quick pullback to accumulate support increases the probability of a bullish reversal.

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