$ETH just forced shorts out at $2941.74, a clear sign that sellers were leaning too hard into resistance and got trapped. This move came after a tight compression zone, which is exactly how strong trend expansions begin. Instead of rejecting higher prices, the market is now accepting value above the old ceiling, showing real demand stepping in.
EP: $2920 – $2960
TP1: $3040
TP2: $3180
TP3: $3360
SL: $2850
As long as $2920 holds, $ETH stays in bullish continuation mode with a clean path toward the $3.3K region.
ETHUSDT
Perp
3,235.22
+2.65%