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$ETH Signal】1H Oversold Rebound Play, Short Squeeze Opportunity Under Negative Funding Rate
$ETH The 1H timeframe experienced intense volatility between 1936-1968, forming a short-term support around the current price of 1947. RSI_1H has entered the oversold zone (30.69), indicating a technical rebound demand. Although the 4H timeframe is still in a downtrend, the latest 4H candle closed with a long lower shadow, and open interest (OI) remains stable. Coupled with a -0.011% negative funding rate, conditions for a short squeeze are preliminarily in place. The order book shows a large sell wall