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$ETH Signal】Short position + Downtrend continuation, waiting for a clear reversal signal
$ETH enters a downtrend continuation pattern after breaking below key support, with severe imbalance in market depth. Selling pressure persists but panic selling has not occurred.
🎯 Direction: Short
Market analysis: Price has broken below EMA20 (2055) and moved away from EMA50 (2162), confirming a medium-term bearish trend. On the 4H chart, it has closed below the previous low of 2049 for consecutive periods, indicating structural breakdown.
Core logic: Key to watch for bullish signals resonance. 1. Or