ETH CLEARED THE LAST MAP—NOW THE OLD ENTRY IS GONE.
$ETH’s latest confirmed H1 candle closed at $2,753.99. The prior $2,708 Weak High has become a confirmed BOS: the breakout sequence closed at $2,719.63 on 3.59× its prior 20-candle average volume, retested $2,706 and held. Price then printed a new Weak High at $2,764.27.
Wyckoff: $2,357 may mark SC, $2,429.9 AR and $2,365 ST before the SOS through $2,521.8 and $2,708. The $2,642–$2,645 reaction may be the latest LPS. Labels remain provisional.
SMC: bullish structure remains intact, but $2,764.3 is now the continuation gate. Demand sits at $2,706–$2,725; the immediate liquidity target is above $2,764.3.
🟢 Bullish: require an H1 close above $2,764.3, then a retest—not a breakout chase. Entry $2,745–$2,764.3; SL $2,720; TP1 $2,800 (1.3R); TP2 $2,880 (3.6R). Invalid below $2,720.
🔴 Bearish: only after an H1 close below $2,706 and a failed reclaim of $2,706–$2,725. SL $2,765; TP1 $2,660 (1.1R); TP2 $2,565.7 (3.0R). Invalid above $2,765.
Status: WATCH — NO ENTRY YET.
The trap is buying because the previous target was reached. A completed move is not automatically a fresh setup.
Does ETH convert $2,764 into support—or sweep that high before returning to demand? 👀
Paper analysis only. Not financial advice.
$ETH #Wyckoff #SMC
$ETH’s latest confirmed H1 candle closed at $2,753.99. The prior $2,708 Weak High has become a confirmed BOS: the breakout sequence closed at $2,719.63 on 3.59× its prior 20-candle average volume, retested $2,706 and held. Price then printed a new Weak High at $2,764.27.
Wyckoff: $2,357 may mark SC, $2,429.9 AR and $2,365 ST before the SOS through $2,521.8 and $2,708. The $2,642–$2,645 reaction may be the latest LPS. Labels remain provisional.
SMC: bullish structure remains intact, but $2,764.3 is now the continuation gate. Demand sits at $2,706–$2,725; the immediate liquidity target is above $2,764.3.
🟢 Bullish: require an H1 close above $2,764.3, then a retest—not a breakout chase. Entry $2,745–$2,764.3; SL $2,720; TP1 $2,800 (1.3R); TP2 $2,880 (3.6R). Invalid below $2,720.
🔴 Bearish: only after an H1 close below $2,706 and a failed reclaim of $2,706–$2,725. SL $2,765; TP1 $2,660 (1.1R); TP2 $2,565.7 (3.0R). Invalid above $2,765.
Status: WATCH — NO ENTRY YET.
The trap is buying because the previous target was reached. A completed move is not automatically a fresh setup.
Does ETH convert $2,764 into support—or sweep that high before returning to demand? 👀
Paper analysis only. Not financial advice.
$ETH #Wyckoff #SMC
