$ETH is trading at 2,329 with a tight range between 2,285
and 2,343. The order book shows 93 percent bid dominance versus
6 percent asks. This is extreme for ETH. The largest bid sits at
2,329.20 with over 37 ETH resting, nearly 88,000 USDT in notional
size at a single tick. Cumulative bids exceed 150 ETH down to 2,329.
The ask side is virtually empty. Sellers have stepped away.
This is not a normal order book. It is a springboard. Support is 2,300
and 2,285. Resistance is 2,343. A break above opens 2,400 and
2,460. The macro backdrop of ceasefire holding, rate cut
expectations, and improving equity sentiment provides cover. The
entry is near 2,329 with a stop below 2,300. Target 2,400 to 2,460.
The question is whether the 93 percent bid dominance is genuine
accumulation or a liquidity mirage.
ETH
2,328.55
+0.56%
ETHUSDT
Perp
2,327.85
+0.60%
KAT
0.0098
-1.70%