#我在Gate广场过新年 $ETH 1H level has experienced a violent surge in the early morning and is currently in a healthy pullback and consolidation phase. The key point is that the price has held above 2020 for support, and the 1H candlestick structure has not broken the upward trend. The 4H level has formed three consecutive bullish candles with a strong breakout, stabilizing above EMA20 and EMA50, indicating a trend reversal to bullish. The current market is a typical "rapid rise - slow correction," offering an excellent second entry opportunity.

🎯Direction: Long (Long)
⚡Entry/Order: 2020 - 2025
🛑Stop Loss: 1995
🚀Target 1: 2070
🚀Target 2: 2120
🛡️Trade Management:
- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position to the entry price (break-even). If the price strongly breaks through 2070 and stabilizes, move the remaining stop loss up to 2050 to aim for Target 2.
(Depth Logic: The surge in the early morning was accompanied by a massive trading volume (563,000 ETH) and dominated by buy orders (buy_sell_ratio 0.58), which is a clear signal of institutional entry. Although the Open Interest trend shows "Stable," the position has not decreased after a 5% price increase, indicating that bears have not surrendered on a large scale and there is potential for short squeeze fuel. The order book depth shows heavy buy accumulation (bid_ask_ratio_depth 9.09), with strong support below. The 1H RSI has retreated from overbought territory to 70.5, leaving room for further upward movement. Overall, this is a standard pullback after a momentum breakout, with the bullish structure intact. )
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