【$ETH Signal】Long! 1H breakout retest confirmation, main force clearly intends to support the market

$ETH The 1H timeframe has experienced a volume-driven rally and is currently in the retest confirmation stage of the key breakout level (around 1990-1991). The 4H chart has formed three consecutive bullish candles, with the price stabilizing above the short-term moving averages, indicating a shift from weak to strong. The current order book depth is unusually thick on the buy side, far exceeding the sell side, showing strong support below. Open interest remains stable, prices are firm, suggesting that main capital has not exited but is actively supporting the market. RSI on the 1H chart is in a healthy, slightly strong zone, with ample momentum.

🎯Direction: Long

⚡Entry/Order: 1981.76 - 1983.23

🛑Stop Loss: 1983.23

🚀Target 1: 1978.82

🚀Target 2: 1977.35

🛡️Trade Management:

- Execution Strategy: After the price reaches Target 1, reduce position by 50% to lock in some profits, and move the stop loss of the remaining position up to the entry price to break even. If the price strongly breaks through Target 2, consider holding some positions for greater gains, but closely monitor for any bearish divergence signals on the 1H chart.

(Depth Logic: The current rally is accompanied by a significant increase in trading volume, indicating an effective momentum breakout. Although the current price is far from the 1H moving averages, it provides a clear retest entry zone. The order book depth imbalance exceeds 90%, with large buy orders accumulating, a typical sign of support and accumulation. Open interest remains stable, ruling out short-squeeze scenarios, and likely indicates new long positions entering. Combined with positive funding rates but not overheated, the bullish structure remains healthy. )

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