ETH's current trend is becoming more and more interesting.


Last night, it first dropped to around 1975 to complete a liquidity sweep, then quickly rebounded above 2000, indicating that the chips below have been mostly cleaned out by the main players.
From the 15-minute heat map, the largest liquidity concentration is currently in the 2045-2060 range.
After spiking near 2040 last night and then quickly falling back, it proves that there are a large number of sell orders and take-profit orders here, making it the most important short-term resistance zone.
And now, ETH shows no obvious signs of weakening; the price has regained the moving average group, short-term moving averages are beginning to turn upward, and bulls and bears are gradually balancing.
Many people think the market has no direction, but from a liquidity perspective, the main players have successively swept chips below 1975 and above 2040, and are now oscillating in the 2000-2050 range.
What truly matters is not the pullback, but whether the 2045 level can be effectively broken through.
If volume increases and ETH stabilizes above 2045, liquidity above 2060 is likely to be further cleared; once 2060 is lost, market sentiment could quickly turn bullish.
Currently, ETH seems more like it is gathering strength rather than topping out.
Next, the entire market is waiting for the main players to launch the next attack on 2045. #操作
ETH0.1%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 2
  • Repost
  • Share
Comment
Add a comment
Add a comment
ASkinnyGuyWhoDoesn'tUnderstand
· 2h ago
抄底进场 😎
Reply0
ASkinnyGuyWhoDoesn'tUnderstand
· 2h ago
Just charge forward 👊
View OriginalReply0
  • Pinned