💥 ETH IS STARTING TO EYE $1800
SHORTS ARE STARTING TO EYE THEIR LIQUIDATION
$ETH
Just a few days ago, the market was still debating whether ETH could hold the lows.
Today, the conversation is starting to shift.
And not necessarily because of the price.
📊 Open interest is growing again.
📊 Funding is starting to tilt towards positive territory.
📊 Recent liquidations show increasing pressure on short positions.
📊 And the price has reclaimed the trading zone of the past few days.
Does this mean ETH is bullish now?
No.
But it does mean that positioning looks different than it did a week ago.
📌 Context
ETH is still far from key upper trading zones and the overall balance still favors sellers.
That's why the recovery needs confirmation.
📌 Structure
The market has re-established itself within a balance zone.
The most significant structural resistance is around 1675.
As long as that isn't reclaimed, we’re still talking about balance.
📌 Execution
The zone between 1651 and 1659 is currently where buyers and sellers are battling it out.
Support levels appear below.
Resistance levels appear above, where the price could accelerate.
And that's where liquidity starts to get interesting.
🎯 Liquidation maps show relevant clusters in both 3-day and 1-week timeframes between 1750 and 1800.
If ETH manages to reclaim and hold the current resistances, that area starts becoming a logical target for the market.
So the read isn’t just about the bounce anymore.
It’s about positioning.
Because while many are still watching the resistances, liquidation maps are already showing where the next problem for sellers might be.
👇 Do you think ETH has the strength to attack the 1800 zone, or is this just a bounce within a bearish structure?
SHORTS ARE STARTING TO EYE THEIR LIQUIDATION
$ETH
Just a few days ago, the market was still debating whether ETH could hold the lows.
Today, the conversation is starting to shift.
And not necessarily because of the price.
📊 Open interest is growing again.
📊 Funding is starting to tilt towards positive territory.
📊 Recent liquidations show increasing pressure on short positions.
📊 And the price has reclaimed the trading zone of the past few days.
Does this mean ETH is bullish now?
No.
But it does mean that positioning looks different than it did a week ago.
📌 Context
ETH is still far from key upper trading zones and the overall balance still favors sellers.
That's why the recovery needs confirmation.
📌 Structure
The market has re-established itself within a balance zone.
The most significant structural resistance is around 1675.
As long as that isn't reclaimed, we’re still talking about balance.
📌 Execution
The zone between 1651 and 1659 is currently where buyers and sellers are battling it out.
Support levels appear below.
Resistance levels appear above, where the price could accelerate.
And that's where liquidity starts to get interesting.
🎯 Liquidation maps show relevant clusters in both 3-day and 1-week timeframes between 1750 and 1800.
If ETH manages to reclaim and hold the current resistances, that area starts becoming a logical target for the market.
So the read isn’t just about the bounce anymore.
It’s about positioning.
Because while many are still watching the resistances, liquidation maps are already showing where the next problem for sellers might be.
👇 Do you think ETH has the strength to attack the 1800 zone, or is this just a bounce within a bearish structure?