ETH is holding above the $1,858–$1,866 demand zone after the latest pullback, with buyers pushing price back toward $1,900. The 1H structure is still range-bound, so this area remains important for maintaining the recovery attempt.
A sustained move above $1,900–$1,920 would improve the setup and open a path toward the $1,950 region. The bigger target sits around $1,965–$1,980, where the marked supply zone could bring sellers back in.
If $ETH gets rejected around the current levels, the first area to watch is $1,870, followed by the stronger $1,850–$1,865 demand. Holding that zone keeps the bullish recovery idea intact.
For now, the clean roadmap is $1,900 → $1,920 → $1,965–$1,980, provided the lower demand holds. A decisive 1H break below $1,850 would weaken this setup significantly.
#ETH #Macro Insights# #Altcoin Season#
A sustained move above $1,900–$1,920 would improve the setup and open a path toward the $1,950 region. The bigger target sits around $1,965–$1,980, where the marked supply zone could bring sellers back in.
If $ETH gets rejected around the current levels, the first area to watch is $1,870, followed by the stronger $1,850–$1,865 demand. Holding that zone keeps the bullish recovery idea intact.
For now, the clean roadmap is $1,900 → $1,920 → $1,965–$1,980, provided the lower demand holds. A decisive 1H break below $1,850 would weaken this setup significantly.
#ETH #Macro Insights# #Altcoin Season#