【ETHUSDT Signal】Short-term pullback, structure intact, waiting for low absorption confirmation

Price pulled back from the 4H cycle high of 2123.25 to 2092.36, but key structural support remains unbroken. The 4H cycle shows that the last candle (16:00) had extremely weak volume at 648.255, only one-thousandth of the previous volume candle (12:00, volume 628325.52), indicating selling pressure exhaustion at the key level. Open Interest (OI) remains stable at 2.01 million, with capital not exiting on a large scale. The 1H RSI (46.01) has entered a neutral-to-weak zone, with price retesting 1H EMA50 (2091.91) and temporarily stabilizing. The buy/sell ratio dropped to an extreme of 0.33 in the last hour, showing short-term sentiment is overly pessimistic, but price has not crashed correspondingly, suggesting signs of bears bluffing.

🎯 Direction: Pending long orders

⚡ Entry: 2085.00 - 2090.00

🛑 Stop Loss: 2050.00

🚀 Target: 2145.00 / 2177.00

🛡 Strategy: When price reaches target 1, close half the position and move stop loss for remaining position to entry price.

Logic: The current pullback is essentially washing out floating long positions that chased the spike from the 12:00-13:00 volume drop phase. The main capital used a quick sharp drop to complete the shakeout, but did not trigger OI decline, indicating bears have not established effective new positions. Price finds double support around 1H EMA50 and the previous 4-hour platform high (approximately 2085-2090), accompanied by sharply declining volume—classic "shakeout pullback" characteristics. The path of least resistance remains upward, as bears cannot break volume at key support levels, instead exposing insufficient strength. The deeper logic is that the market uses a "fake drop" to create panic, aiming to collect cheap chips for subsequent rallies.

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