Ethereum: The Slingshot Effect
Ethereum is exhibiting a "Lagged Beta" profile, meaning it is gathering strength while Bitcoin consolidates. Key technical factors include:
• The Fortress Floor: Strong buy-side liquidity is packed between $3,000 and $3,050, making this a high-probability reversal zone.
• The Liquidity Gap: There is a significant lack of sell orders (a "gap") between $3,185 and $3,220.
• The Squeeze: If ETH breaks $3,185, it is expected to "teleport" through the gap as short-sellers are forced to cover their positions.
