$ETH saw a long liquidation around 2932.85, cleaning leverage during a healthy correction. Higher-timeframe structure remains bullish, with price holding above major demand. Momentum has cooled but remains constructive, favoring consolidation before continuation.

EP: 2900–2960

TP: 3050 / 3200

SL: 2840

Bias stays bullish. Holding support keeps trend continuation toward higher levels intact.

$ETH

ETHUSDT

Perp

2,947.5

-1.55%