#Gate2月透明度报告 【$ETH Signal】Short-term Long | 1H Pullback Confirmation, Main Force Clearly Intends to Support the Market

$ETH On the 1H timeframe, after experiencing a sharp rise followed by a pullback, the price is consolidating around a key support area. Although the 4H chart shows a long upper shadow, the open interest remains stable, with no signs of panic selling, indicating that the main force has not exited the market. The current price has retraced to the 1-hour moving average support, with strong buying interest, providing an excellent opportunity for short-term trading.

🎯Direction: Long

⚡Entry/Order: 2018 - 2034

🛑Stop Loss: 1983

🚀Target 1: 2089

🚀Target 2: 2124

🛡️Trade Management:

- Execution Strategy: Reduce 50% of the position after reaching Target 1, and move the stop loss up to the entry price. Trail the remaining position for profit-taking; if the price falls below the 1-hour EMA20, exit all positions.

Depth Logic: The price retraced from the high of 2088, but open interest remained stable. This is not a bearish collapse but a healthy profit-taking move. The 1-hour RSI has rebounded from oversold levels to 46, indicating momentum is recovering. Market depth shows buy orders significantly outnumber sell orders below, with strong support. Combined with normal funding rates, this pullback is a main force clearing out weak hands and preparing for the next rally.

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