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【$ETHUSDT】Institutional Trader Tactics Analysis
$ETHUSDT During regular intraday fluctuations, hourly volume surged nearly 600,000 units, yet price was smashed from 2152 to 2083. This rally is purely sentiment release with clear buying gaps. Four-hour MACD death cross diverging downward, while one-hour level shows convergence but price remains suppressed below EMA20, bearish momentum dominates. Order book data exposes intent—sell side 1 accumulated 113 units of selling pressure while buy-side depth is thin, with minimal fund support willingness. Price holding firm in negative funding rate environment—typical squeeze-then-distribution structure.
Current price 2101 go short directly, stop loss placed above 2120. First target at 2050 support test, if broken then watch 2015 region. Risk-reward ratio exceeds 3:1, this trade is worth betting on.
Check live charts 👇 $ETHUSDT
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