$ETH just nuked liquidity into a major demand pocket and is now building a base around $2,940โ$2,970 ๐ฅ
That dump from the highs?
โ Not a trend break
โ Classic stop-hunt + fear injection
Weak hands panicked.
Smart money is watching structure ๐
As long as ETH defends this zone, odds favor a recovery expansion, not a collapse.
๐ Key Levels That Matter
๐ก Demand / Support: $2,920 โ $2,900
๐ Reclaim = Fuel: $3,000 โ $3,030
๐ฏ Upside Targets:
โ $3,120
โ $3,250
โ $3,420
Fear is loud.
Structure is calm.
Structure always wins.
Trade what you see, not what you feel.
๐ $ETH ๐
ETHUSDT
Perp
2,239.34
-2.08%