$ETH After breaking through $2075 with increased volume, it has been consolidating in a narrow range above the previous high resistance area, forming a healthy pullback structure. The 4H level shows significant buying absorption, stable open interest, and no signs of long positions taking profits or short positions increasing.
🎯 Direction: Go Long
🎯 Entry: 2075 - 2085
🛑 Stop Loss: 2050 (rigid stop loss; if it breaks, the structure fails)
🚀 Target 1: 2150
🚀 Target 2: 2250
Deep Logic: The price is consolidating above the key breakout level of $2075, with the 4H candlestick displaying an “upward - volume contraction consolidation” pattern. The latest 4H candlestick buy/sell ratio is 0.57, indicating that buying is dominant during the pullback. Open interest (OI) remains stable after the price increase, rather than decreasing, ruling out pure short squeezes, suggesting new long positions are being established. Negative funding rates suppress excessive leveraged long positions. Market logic indicates a high possibility of “institutional entry.” The current pullback is a confirmation of the breakout; as long as the support range of $2050-2075 is held, the probability of continuing the upward trend is favorable. Trade here 👇$ETH
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