【$ETH Signal】Long + 1H Breakout Confirmed, Institutional Support at Bottom

$ETH After completing a strong consolidation in the 2095-2100 range on the 1H level, a large volume bullish candle directly broke through the previous high, with abundant bullish momentum. The 4H level is even more impressive with consecutive bullish closes, standing firmly above all short-term moving averages, with trend structure strengthening.

🎯Direction: Long

⚡Entry/Pending Orders: 2105.00 - 2107.00 (can try long position with small size near current price)

🛑Stop Loss: 2090.00 (breaks below the lower edge of 1H consolidation platform)

🚀Target 1: 2125.00 (previous high resistance area)

🚀Target 2: 2140.00 (4H level extended target)

🛡️Trade Management:
- Reduce half position when reaching first target, move stop loss of remaining position to near entry price, let profits run, and capture potential main wave of gains.

Depth of market shows over 90 ETH buy orders accumulated at bid price 2107.81, forming solid capital support at bottom. More importantly, during the price rally process, open interest (OI) remains stable without significant decline, indicating it's not merely short position liquidation but rather new long capital actively entering the market. The buy/sell ratio on 1-hour level surged to 0.65 during the breakout, confirming concentrated buying momentum. This combination of "rising price with increasing volume, stable open interest" is a textbook characteristic of healthy uptrend, with institutional support intent evident.

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