【$ETH Signal】Long - 1H Violent Breakout, Main Capital Clearly Supporting the Market
$ETH The 1H timeframe has just completed an epic surge, violently rising from 1921 to 2027, with the current price consolidating strongly around 2013. A massive bullish candle on the 4H chart directly engulfed the previous oscillation range, confirming a reversal of the short-term downtrend. Although the 1H RSI has entered overbought territory (81.77), the price refuses to pull back, and the order book shows a sell wall at 2013.42 with 111.8 ETH in sell orders. This is a typical signal of major players suppressing the price to accumulate/defend, aiming to control the upward pace rather than genuine selling pressure. Open interest remains stable, funding rates are healthy (0.0058%), and there is no liquidation risk. This indicates a healthy, capital-driven rally.
🎯Direction: Long (Long)
🎯Entry/Orders: Aggressive traders can enter a small position at the current price of 2013-2015. Conservative traders wait for a pullback to the 1995-2005 zone to add gradually.
🛑Stop Loss: 1980 (Break below the 1H surge platform, invalidating the bullish structure)
🚀Target 1: 2050 (Previous high psychological resistance)
🚀Target 2: 2100 (4H previous high and EMA200 strong resistance zone)
🛡Trade Management:
- Position: Standard size. If entering at the current price, halve the position size.
- Execution Strategy: After reaching 2050, reduce position by 50%, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 2050 and stabilizes, move the remaining stop loss to 2030 to aim for the second target.
(Depth Logic: This surge was accompanied by huge trading volume, with buy orders concentrated around 2013, indicating strong willingness from major funds to enter. Market logic suggests ‘price rising, combined with position volume analysis’. Currently, open interest is stable, ruling out short squeeze, and it appears more like new long positions being built. The 1H EMA20 (1928) has already golden-crossed the EMA50 (1902), with short-term moving averages aligned bullishly. The key is whether the price can hold above 2000 to establish a new support level. )
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GengHui
· 1h ago
Thank you, the first target for profit-taking has been achieved.
【$ETH Signal】Long - 1H Violent Breakout, Main Capital Clearly Supporting the Market
$ETH The 1H timeframe has just completed an epic surge, violently rising from 1921 to 2027, with the current price consolidating strongly around 2013. A massive bullish candle on the 4H chart directly engulfed the previous oscillation range, confirming a reversal of the short-term downtrend. Although the 1H RSI has entered overbought territory (81.77), the price refuses to pull back, and the order book shows a sell wall at 2013.42 with 111.8 ETH in sell orders. This is a typical signal of major players suppressing the price to accumulate/defend, aiming to control the upward pace rather than genuine selling pressure. Open interest remains stable, funding rates are healthy (0.0058%), and there is no liquidation risk. This indicates a healthy, capital-driven rally.
🎯Direction: Long (Long)
🎯Entry/Orders: Aggressive traders can enter a small position at the current price of 2013-2015. Conservative traders wait for a pullback to the 1995-2005 zone to add gradually.
🛑Stop Loss: 1980 (Break below the 1H surge platform, invalidating the bullish structure)
🚀Target 1: 2050 (Previous high psychological resistance)
🚀Target 2: 2100 (4H previous high and EMA200 strong resistance zone)
🛡Trade Management:
- Position: Standard size. If entering at the current price, halve the position size.
- Execution Strategy: After reaching 2050, reduce position by 50%, and move the remaining stop loss to the entry price (break-even). If the price strongly breaks through 2050 and stabilizes, move the remaining stop loss to 2030 to aim for the second target.
(Depth Logic: This surge was accompanied by huge trading volume, with buy orders concentrated around 2013, indicating strong willingness from major funds to enter. Market logic suggests ‘price rising, combined with position volume analysis’. Currently, open interest is stable, ruling out short squeeze, and it appears more like new long positions being built. The 1H EMA20 (1928) has already golden-crossed the EMA50 (1902), with short-term moving averages aligned bullishly. The key is whether the price can hold above 2000 to establish a new support level. )
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