Ethereum rebounded sharply after major liquidity bands absorbed selling pressure and stabilized prices between $3,300 and $3,350.
Aggressive buying by whales and traders overcame passive orders, pushing Ethereum through mid-intensity liquidity zones to establish a new equilibrium.
Monitoring key resistance at $3,380–$3,400 and support around $3,100–$2,800 helps traders anticipate short-term directional moves and market consolidation.
Ethereum is stabilizing after liquidating a high-leverage short position, showing notable activity around major liquidity zones. Traders are observing key price levels where significant resting orders cluster.
Ethereum's Price Reaction to Liquidity Clusters
Ethereum's chart reveals a combination of candlestick movements and a heat-map overlay showing liquidity and volume concentration. Early price action drifted sideways, with scattered pockets of liquidity showing minimal resistance.
Around 12-08, Ethereum sharply dipped before rebounding, aligning with a dense liquidity band beneath the drop. This suggests that buyers stepped in to absorb the downward movement, stabilizing the price.
As Ethereum advanced, multiple bright bands appeared above and below the price, indicating both profit-taking and new positioning. The most notable surge occurred just before 12-10 02:45, when aggressive buying pushed Ethereum through mid-intensity liquidity zones.
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Passive orders were overwhelmed, driving the price upward and creating a new area of equilibrium between $3,300 and $3,350.These liquidity clusters appear to act as magnetic levels for Ethereum, guiding periods of consolidation and price stalling.
Traders can monitor these bands to anticipate short-term price reactions, as Ethereum remains sensitive to concentrated resting orders.
Critical Resistance and Support Levels
Ethereum is struggling around crucial resistance and reclaiming the $3,300–$3,400 level could push Ethereum toward $3,700. Conversely, failure to maintain this zone may see the price drop toward the $3,100 support area.
The chart identifies red zones around $3,380, $3,700, and $3,800–$3,900 as major resistance levels, previously triggering sell-offs. If Ethereum consolidates above $3,380, bullish momentum could extend toward mid-$3,700 levels before testing heavier resistance.
Bearish scenarios indicate retracements to $3,000–$2,950 if Ethereum fails to reclaim $3,380. Stronger support bands at $2,800 and $2,600 could absorb selling pressure, creating potential accumulation areas for future upward moves.
Whale Activity and Market Positioning
Ethereum whales have purchased 934,240 $ETH worth $3.1 billion over three weeks, reflecting strong institutional engagement. This buying activity contributes to price stability around current levels and reinforces major liquidity zones.
The accumulation by large holders coincides with active trading around the $3,300–$3,350 band, suggesting a new market equilibrium. The presence of these whales may influence Ethereum's next directional move as liquidity continues to guide short-term trends.
Monitoring liquidity clusters, resistance zones, and whale positioning provides a structured framework for assessing Ethereum's potential price movements. Traders are closely observing whether the market will advance toward higher supply areas or revisit lower support bands.
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