$ETH Update — Decision Zone at $3,000
ETH just swept the $2,790 lows and bounced straight back into the $3,000 resistance, which is now the key level deciding the next move.
From here, there are two local scenarios that matter:
If $ETH fails to reclaim $3,000 and shows rejection, I’m looking to short the failure, targeting a move back toward the recent lows. I’m not interested in longing into rejection — the current impulse is weak and chasing strength here doesn’t make sense.
If $ETH reclaims and holds above $3,000, the bias flips. In that case, I’ll look to long a higher low, with $3,130 as the upside target. Acceptance above resistance is the only confirmation needed for that setup.
If we instead print new lows into the lower FVG, I’ll stay patient and wait for a clear reversal signal before considering longs again. No rush — especially in holiday conditions.
Liquidity is thin, volatility is fading, and price action already reflects that. This is a react, not predict environment.
