$ETH The short liquidation at $2321.78 confirms that sellers were forced out as price expanded upward, signaling strong buyer control at this level. This type of event, especially on a major asset, typically supports continuation when price holds above the liquidation zone.
Current structure is bullish. Price is reclaiming higher levels and holding above the $2300–$2320 zone, which now acts as a strong support base. The market is showing acceptance above prior resistance, indicating a shift toward expansion.
EP: $2310 – $2330
TP1: $2380
TP2: $2450
TP3: $2520
SL: $2265
Trend is clearly bullish with higher highs and higher lows forming after the squeeze.
Momentum is strong as buyers continue to absorb sell pressure following the liquidation.
Liquidity above remains largely untouched, increasing the probability of price pushing into higher resistance zones.
ETH
2,302
-0.42%
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