$ETH Ethereum is positioned near a major long liquidation level at $2331.44, making this a critical liquidity magnet. Market structure indicates bearish pressure below resistance, with downside liquidity still untested if support fails to hold.
EP: $2320–$2340
TP1: $2285
TP2: $2240
TP3: $2180
SL: $2385
Trend strength is bearish with controlled downside structure.
Momentum is aligned with liquidation pressure favoring downside expansion if $2331.44 breaks.
Price is likely to target lower liquidity pools as long positions remain vulnerable below key support.
$ETH
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