📉 Ethereum ($ETH ): Liquidity Sweep and Reversal Potential (SMC Analysis)👇
As the broader market recovers, the DeFi sector has risen by +3.4% over the last 24 hours, while ETH is trading around $2,420–$2,450.
🔍 Price Action & Smart Money Analysis:
1️⃣ Liquidity Sweep & Mitigation:
On lower timeframes, a local liquidity sweep of the lows (Sell-side Liquidity Pool) formed. After the Fair Value Gap (FVG) was filled, the price showed a buying reaction.
2️⃣ Point of Interest (POI):
The key Bullish Order Block is in the $2,360–$2,390 range. As long as the price holds above this zone, the priority remains a resumption of the bullish structure.
3️⃣ Change of Character (CHoCH):
To fully confirm the bullish structure on the 4H timeframe, buyers need to hold above the $2,480 level and close a candle above it.
💡 Summary:
Watch spot volumes as the price approaches the $2,480 resistance. The safest time to enter positions is after a break of the local structure (MSB/CHoCH).
#Ethereum #smartmoney #priceaction #trading #Binance
As the broader market recovers, the DeFi sector has risen by +3.4% over the last 24 hours, while ETH is trading around $2,420–$2,450.
🔍 Price Action & Smart Money Analysis:
1️⃣ Liquidity Sweep & Mitigation:
On lower timeframes, a local liquidity sweep of the lows (Sell-side Liquidity Pool) formed. After the Fair Value Gap (FVG) was filled, the price showed a buying reaction.
2️⃣ Point of Interest (POI):
The key Bullish Order Block is in the $2,360–$2,390 range. As long as the price holds above this zone, the priority remains a resumption of the bullish structure.
3️⃣ Change of Character (CHoCH):
To fully confirm the bullish structure on the 4H timeframe, buyers need to hold above the $2,480 level and close a candle above it.
💡 Summary:
Watch spot volumes as the price approaches the $2,480 resistance. The safest time to enter positions is after a break of the local structure (MSB/CHoCH).
#Ethereum #smartmoney #priceaction #trading #Binance