$ETH USDT 4H — Compression After Rejection, Liquidity Building Below 1.95k

ETH rejected cleanly from ~2,030 and failed to reclaim 2,000 with acceptance.

Now pressing back toward the 1,950 region — prior reaction low liquidity.

Key Levels:

• 2,030 – 2,075 → Supply / failed breakout zone

• 2,000 → Psychological pivot

• 1,950 – 1,923 → Liquidity pool / range low

Structure Read:

Lower highs forming on 4H.

Bounces are corrective, not impulsive.

MACD flattening near zero — momentum neutral to weak.

Scenarios:

• If 1,950 loses with volume → sweep toward 1,923 liquidity.

• If 1,950 holds and reclaims 2,000 → short squeeze into 2,030 supply.

Right now this looks like distribution under 2k, not accumulation.

Are you positioning for the liquidity sweep… or waiting for reclaim confirmation? 👀