ETH | Reclaiming Structure — Eyes On The Daily Flip Zone!

Jul 2

By analyzing the #Ethereum chart across multiple timeframes, we can see that price is at a decisive turning point — the higher timeframe remains bearish, but the lower timeframe has just started to shift. Let's break it down frame by frame.

📊 Daily Timeframe
On the Daily, ETH remains within a broader downtrend after printing multiple bearish BOS along the way. The key region to watch overhead is the Daily Flip Zone ($1,968.80 – $2,160.36). This is where I expect the major reaction: if price pushes up into this zone and gets rejected, the broader bearish leg resumes toward the sell-side liquidity resting below — first the Bsl at $1,847.57, then the deeper pools at $1,366.22, $1,076.40, and ultimately the major target around $893.68. On the other hand, a clean break and close above this Daily Flip Zone would take out the Protected High at $2,465.57 and flip the entire structure bullish.

⏱️ 1H Timeframe

On the 1H, the short-term picture has already started to shift. After a run of bearish BOS, price printed a CHoCH — breaking the last protected high, breaking out of the descending channel, and flipping the former resistance into fresh support all at once. That's a strong cluster of bullish confirmations on the lower timeframe. Because of this, my expectation is that after a healthy corrective pullback, price is likely to push higher toward the Daily Flip Zone — and this pullback into the flipped support (~$1,640 – $1,670) is where I'll be watching for potential long entries, with the Protected Low at $1,512.42 serving as the structural invalidation.

🎯 The Bias
The two timeframes are telling a layered story: bearish on the higher timeframe, bullish on the lower. My base case is a corrective long from the flipped support up toward the Daily Flip Zone — but the broader trend does not confirm a full reversal until that zone is reclaimed with a decisive close. Until then, the upper flip zone remains the line in the sand between a relief bounce and a genuine trend change.

📰 Fundamental Backdrop
This structural bounce is unfolding against a genuinely brutal fundamental backdrop, which is worth respecting. Ethereum just closed out one of its worst stretches on record — June marked a historic red streak — with U.S. spot ETH ETFs bleeding sustained outflows alongside Bitcoin's record redemptions as capital rotated out of crypto amid a hawkish Fed and broad risk-off sentiment. Price recently tapped its lowest levels in well over a year, and headlines around weak institutional demand have kept pressure on. That said, the extreme fear and oversold conditions are exactly the environment where sharp relief rallies — like the one our 1H structure is now signaling — tend to ignite. This keeps ETH on a knife's edge: the lower-timeframe shift is real, but the higher-timeframe trend won't confirm a reversal until that Daily Flip Zone is reclaimed.


This analysis will be updated as the market evolves.
If this breakdown added value, drop a like 👍 and a comment 💬 to support the work — and share where you see ETH heading next!
Best Regards, BigBeluga 🐳

Jul 13

Trade active

UPDATE 📈 — The plan executed to the tick. Price reacted from the flipped support zone (~$1,640 – $1,670) exactly as we outlined, launched with force, and ran the entire move up to tap the Bsl liquidity at $1,846.58 precisely before pulling back. That's the full leg we called — flipped-support reaction into the liquidity grab. Now trading around $1,765 after the sweep. Structure stays constructive above the Protected Low ($1,512.42), with the Daily Flip Zone ($1,968.80 – $2,160.36) as the next major HTF decision area. Textbook follow-through 🐳