$ETH Signal】Long! 1H Retracement Confirmed, Major Player Support Intent Clear



$ETH At the 1H level, after a recent rally, $ETH
is retracing to confirm key EMA moving averages. The 4H level has firmly established above EMA20, with trend turning bullish. Current bid depth is unusually thick, with clear intent from major players to support the market—this is a typical retracement buy opportunity.

🎯Direction: Long

⚡Entry/Pending Order: 2070.83 - 2087.34

🛑Stop Loss: 2070.83

🚀Target 1: 2121.97

🚀Target 2: 2142.42

🛡️Trade Management:

- Execution Strategy: Reduce position by 50% upon reaching Target 1, move stop loss up to entry price. Use remaining position to pursue Target 2; if price retraces to breakeven, exit completely.

Deep Logic: The 4H level has formed a breakout structure with stable open interest, indicating capital has not exited. The 1H RSI is in a healthy zone without overheating. Order book data shows bid depth significantly exceeds ask depth with obvious depth imbalance, indicating strong support below. Combined with market logic, rising price coupled with stable open interest suggests major player entry rather than mere shorts being trapped, providing a solid foundation for the retracement long.

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