I have been analyzing $ETH $3338.88 after this long liquidation, and they are testing an important reaction area, not breaking structure blindly. I’m noticing that sell pressure came fast but follow-through is limited so far. This tells me the move was more about leverage cleanup than trend reversal. This is exactly where smart traders wait for confirmation.

EP: 3260 – 3340

TP: 3420 → 3520 → 3680

SL: 3185

What’s the condition now? ETH must hold above 3260 to stay constructive. If you want safety, wait for a strong reclaim above 3420 before sizing up.

$ETH

ETH
ETHUSDT
1,967.56
-1.43%