$ETH is showing a different liquidity profile: $101K in shorts were liquidated around $2,722.69, while price is now consolidating beneath the recent $2,737–$2,739 high. This indicates buy-side liquidity has already been attacked, so chasing the squeeze is less attractive than waiting for a clean test and confirmation.
Support: $2,690–$2,680
Resistance: $2,738
Next Target: $2,774–$2,805
A bullish BOS and successful retest above $2,738 could trigger continuation toward the next liquidity pool. Rejection followed by a break below $2,680 would favor a deeper retracement.
Let's go $ETH 🚀
Support: $2,690–$2,680
Resistance: $2,738
Next Target: $2,774–$2,805
A bullish BOS and successful retest above $2,738 could trigger continuation toward the next liquidity pool. Rejection followed by a break below $2,680 would favor a deeper retracement.
Let's go $ETH 🚀