【ETHUSDT Signal】Short-term pullback, structure intact, awaiting low absorption confirmation

Price has retreated from the 4H cycle high of 2123.25 to 2092.36, but key structural support remains unbroken. The 4H cycle shows the last candle (16:00) with extremely shrunken volume at 648.255, merely one-thousandth of the previous high-volume bearish candle (12:00, volume 628325.52), indicating sell pressure exhaustion at key levels. Open Interest (OI) remains stable at 2.01 million, with no large-scale fund outflows. The 1H RSI (46.01) has entered a neutral-to-weak zone, with price retesting 1H EMA50 (2091.91) and stabilizing temporarily. The buy/sell ratio crashed to an extreme 0.33 in the last hour, showing excessive short-term pessimism, but price hasn't experienced corresponding sharp declines, suggesting signs of bluffing by short sellers.

🎯 Direction: Open long positions

⚡ Entry: 2085.00 - 2090.00

🛑 Stop Loss: 2050.00

🚀 Targets: 2145.00 / 2177.00

🛡 Strategy: Upon reaching target 1, reduce position by half and move stop loss of remaining position to entry price.

Logic: The current pullback essentially washes out floating long positions that chased the high-volume decline during 12:00-13:00. Institutional capital completed washing plates through a rapid sharp dip without driving OI lower, indicating shorts failed to establish effective new positions. Price found double support at the 1H EMA50 and previous 4-hour platform high (approximately 2085-2090) accompanied by dramatically reduced volume—classic "wash-out pullback" characteristics. The path of least resistance remains upward, as shorts failed to break through key support levels with volume, instead exposing insufficient strength. The deeper logic: the market engineered a "fake crash" to create panic, aiming to accumulate cheap chips for subsequent rallies.

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