🚨 $ETH MARKET OUTLOOK — DISTRIBUTION OR DISGUISED STRENGTH? 🚨
Ethereum just delivered a clean relief rally… but smart money isn’t celebrating yet 👀
After pushing into the $2300–$2400 supply zone, price is now testing a critical area where decisions are made — not by retail, but by liquidity hunters. This zone has historically acted as a sell-side magnet, and once again, price is reacting right where it should.
Yes, the trend line is still holding, and that’s exactly what allows those tempting upside wicks — the kind that trap late buyers before the real move begins. But zoom out… the higher timeframe structure tells a different story:
📉 Lower highs still intact = bearish control remains
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