🚀 Sharp Rise of ETH: Market Analysis! (Liquidity Withdrawn)
Today's focus is on Ethereum (ETH). In the last two hours, we have seen an impressive growth of 6% and are currently trading around the $3,300 mark. This is a strong bullish momentum!
We have just withdrawn a significant liquidity pool at the $3,270 level. Such liquidity withdrawals often lead to a local cooling of the market.
I expect a local pullback after such a sharp movement.
🛡️ Key zones to monitor for ETH:
First support zone (Breaker Block): $3,170 - $3,240
This is an important zone where ETH buyers may re-enter the game to protect the gains. If the price holds above this level, the upward movement may continue.
Resistance: The next target for the bulls will be to hold positions above $3,300.
Be attentive to the price reaction of ETH in the Breaker Block zone! This will determine the further short-term direction.
What are your thoughts? Will we see a continuation of the growth or a deep correction? Share your ideas in the comments! 👇
