#Gate广场AI测评官 #Gate2月衍生品市场份额创新高 #原油价格上涨 【$ETH Signal】Pullback Long + 1H Level Retest Confirmation

$ETH After a rapid surge and pullback on the 1H timeframe, price is retesting near the key EMA20 moving average. The 4H level overall shows high-level oscillation within an ascending channel, with open interest remaining stable, indicating major players have not exited on a large scale. Current 1-hour RSI is approaching the neutral zone, with bid depth showing exceptionally thick support around 2044, forming a strong support zone. Price decline accompanied by stable open interest resembles more of a long squeeze wash rather than major player capitulation, and combined with negative funding rates, there is potential for short squeezes.

🎯Direction: Long

⚡Entry/Order: 2034.07 - 2049.87

🛑Stop Loss: 1998.88

🚀Target 1: 2104.45

🚀Target 2: 2139.64

🛡️Trade Management:

- Execution Strategy: Once price reaches Target 1, reduce position by 50% and immediately move stop loss to entry price. Trail the remaining position with a moving stop loss to capture larger profits. If price fails to hold above the entry zone ceiling and weakens, exit decisively.

( Deep Logic: The 1H chart shows price testing EMA20 support, while RSI rebounds from oversold territory, forming the initial shape of a bullish divergence. Order book data shows bid depth far exceeding ask depth, with major players' intention to support price evident. The 4H level price remains above EMA50, with intermediate trend intact. Negative funding rates reduce the cost of holding long positions, creating conditions for a rebound. )

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