Ethereum confirmation of breakout, downside targetEthereum confirmed a breakout below the 4050–4100 zone, completing the double top pattern. The price stays under the 50 and 100 EMA, showing continued bearish pressure. Priority remains on short positions during pullbacks.
Nearest downside targets: 3463 (Target 1) and 3007 (Target 2). A move above 4100 would cancel the bearish scenario.
Amid expectations of the Fed’s rate decision and rising bond yields, risk assets remain under pressure. Inflows to crypto funds are declining, increasing the downside risks for ETH. In the short term, correction may continue until new bullish catalysts appear.
ETHUSD remains in a bearish setup. Downside targets — 3460 and 3000. Long positions should be considered only after a confirmed move above 4100.
Trade ideas
Retest coming?After a recent break, Ethereum price failed to recover and started a fresh decline at 2021 ath to below $4,090 zone, like Bitcoin. ETH price gained bearish momentum , but today it recovered. We might see a retest of the previous broken resistance, that aligns with wave 4 development at 38.2% Fibo support ( at macro range low). Then, I think we can see another leg up towards 5321, making a new historical ATH.
ETH/USD – Bulls Ready for the Next Leg Up?Ethereum is showing a clean retrace into the rising trendline and POC/ VWAP zone — classic setup for a continuation move.
As long as price holds above $3,950, bulls remain in control with targets at $4,733 and beyond.
Momentum is cooling but structure stays bullish. Is this just the calm before the next breakout? 👀
💬 What’s your plan here — riding the trend or waiting for confirmation?
#ETH/USDT Buy Opportunity#ETH
The price is moving within an ascending channel on the 1-hour timeframe and is adhering to it well. It is poised to break out strongly and retest the channel.
We have a downtrend line on the RSI indicator that is about to break and retest, which supports the upward move.
There is a key support zone in green at the 3900 price level, representing a strong support point.
We have a trend to stabilize above the 100-period moving average.
Entry price: 4020
First target: 4050
Second target: 4100
Third target: 4179
Don't forget a simple point: capital management.
Upon reaching the first target, save some money and then change your stop-loss order to an entry order.
For any questions, please leave a comment.
Thank you.
Ethereum’s Hidden Fractal Points to $33K by November 2026Most of the space seems to think that the bull market is officially over, that the four-year cycle has come to a close. For most of the cycle, I have thought that way too. 1,064 days is up, and that’s the longest a Bitcoin cycle has ever gone for. So, the idea that the same thing will play out again is very valid, and it’s entirely possible that it is indeed the end. However, my stance is very different — I still think we have one year left in the tank, and I will present a lot of evidence to support why I believe this and why I’m sticking to it.
If you’ve been following me for a while, you know that we’ve found some very interesting bar patterns in history that keep on repeating, and this will be the primary source of evidence used in my thesis.
Bar Pattern Fractals
I have tested hundreds of indicators over the last six years and bought thousands of dollars’ worth of indicators, and in the end, the highest success rate has come from simply following bar pattern fractals. They repeat over and over. They are hard to find, but once you do, you can ride them for months.
ETH 2017 Fractal
What you see above is a fractal I have been following for months now. It has been mirroring the 2017 cycle, with some parts nearly identical in movement and timing, with only a few small deviations here and there. The macro pattern continues to play out like clockwork.
Take a look at this TA from March 2025. We caught near the bottom, called for max pain, and discussed this fractal that could be playing out. The ETH call was under 2000 back then.
I also published TAs on Chainlink and its repeating bar patterns. It was straightforward for catching big macro moves for LINK.
As you can see, these are just two examples of many fractals I’m following. The main one is ETH because it’s been a 1:1 mirror for the most part. The last spike down was a deviation for sure — well, at first I thought it was on the Bitstamp chart because it has the most historical data for ETH, but when I switched to the Binance chart, I found something very interesting.
A view of the bar pattern fractal is telling us where we are.
When switching to the Binance chart, we see a very interesting wick of 26% that nuked the market during that time — very similar to what Binance has done this time around. You cannot make this stuff up. So at first, I thought it was a small deviation, but in fact, after looking at this chart, it’s still a mirror, even including that huge scam wick of 27%. Amazing.
So as you can see, in terms of the bar pattern fractal, I simply cannot ignore the fact that this keeps mirroring, and if it continues, it’s possible that we have one more year left in this bull market, and that this four-year cycle thesis is, in fact, a massive bear trap.
If we take a look at the monthly candle that shook a lot of players out last cycle before the run-up, we can see that we printed a candle with wicks on both ends — very similar to what we are forming right now.
If we zoom into that moment on a smaller timeframe, you can now see the moves are similar — a big drop into a double bottom followed by a slow grind up. This is how ETH normally puts in bottoms.
Looking at ETH’s RSI levels on the monthly chart — during the first cycle, when it broke the all-time high, RSI was extremely overbought at 87. On the last cycle, it was 82. This cycle, ETH is at an all-time high and the RSI is only 59. We’re not even in the overbought range yet — there’s so much room for ETH to expand, it’s crazy.
Since its inception, ETH has always pulled off the same move: one very aggressive wave with an aggressive pullback, followed by one smaller wave that creates a higher high to finish off the cycle. It’s done this every time.
Which means that if the bar pattern fractal continues to mirror, then wave 1 tops in the first week of January 2026, followed by a massive correction that will again fool everyone into thinking the four-year cycle is 100% over. But what if ETH puts in a bottom in February 2026 and rallies back up to all-time highs? Nobody would believe it — the disbelief would be strong because everyone would have sold the top in Q4 2025 due to the four-year cycle theory.
The second major piece of evidence I’m leaning on is the Russell 2000. Since its inception, the Russell 2000 has done the exact same thing before expansion comes:
Double top
Second drop bear trap
V-shaped recovery back to all-time high
Expansion breakout
Same thing every time. Look at the chart and tell me we’re not going into expansion — there’s a very high chance. The last two times, we got that massive monthly candle breakout in November.
Which brings me to the main point — every time the Russell goes into expansion, Bitcoin has started its most aggressive run. The last three times, Bitcoin went on to break its all-time high and put in a cycle top within an average of 355 days.
Gold, shown above, is so close to the 4.236 extension right now that it would be crazy to buy here. There’s a high chance of a major top coming in, and we’re about to see a major rotation back into Bitcoin with those gains.
Just take a look at the Power of Law model for Bitcoin — the bull market hasn’t even started yet.
It’s crazy that people are calling the cycle top with the Mayer Multiple sitting at 1.19.
Conclusion
My view is that there is one more year left in this uptrend in crypto. Bitcoin has turned into a different beast. It has completely detached itself from the rest of crypto for the most part, but the first expansion is coming in 2026. If the bar pattern does not deviate, then greatness lies ahead.
Front run or discount prices - ETH weekly update Oct 27 - 02ndDear traders and investors,
I firstly want to mention that everyone who took that last weeks trade, it is now time to close it or, if you want to take on more risk, you can hold through the next descending phase where you could get stopped out. But lets get into the analysis.
As I mentioned in todays Bitcoin analysis, the macro environment is currently bullish. We have a rate cut coming in on Wednesday with a high probability and lower than expected CPI on last Friday, leading to Powell being rather dovish than hawkish but still cautious. Trump is also signaling a tariff deal with China may be coming in soon. I do think this also has to do with his ambitions to lower the rates and tariffs may impact the inflation so he avoids more uncertainty.
Looking at the money flows, ETFs are receiving and inflows are looking like they are topping out right now. I think this is a typical behavior for a fifth wave, as institutionals are backing of from the market and using the late retailers as exit liquidity.
Moving on to market structure, it seems to be likely that this pump on Sunday was rather a overshooting wave B, than a actual impulsive move of the third wave. There is just to much lethargic in this move. In addition to that, funding rates rose to higher-than-normal highs and there is a bunch of liquidity forming under the current price. Therefore, the odds for longs getting liquidated rise. Alternatively, this is actually the third wave. If so, Ethereum should pump further without hesitation within the next few candles.
All in all, I would favor a short postion with stop loss at the high of the minor wave B or one percent above and the take profit at the 0.5 fibonacci extension level. This scenario is also in favored by Bitcoin, as I also anticipate a short-term drop. nonetheless be careful with short positions, we are in a bull market, the upside is overall in favor and shorts being liquidated is really easy right now. For people who look for a opportunity to buy in, the extension levels are all a good trade with stop loss at the low of the primary wave Y and take profit at the anticipated third wave or fifth wave high.
I hope i was able to give some value, have an exceptional successful week!
The Pillars of Global Trade Dynamics1. The Economic Foundation: Supply, Demand, and Comparative Advantage
At the heart of global trade lies the principle of comparative advantage, introduced by David Ricardo in the early 19th century. This concept explains why nations trade — even when one nation can produce everything more efficiently than another. Instead of self-sufficiency, countries specialize in producing goods where they have a lower opportunity cost, leading to mutual benefit through exchange.
For example, if India focuses on software services and textiles while importing advanced machinery from Germany, both countries benefit from efficiency and specialization. This principle underpins global trade structures and ensures that resources — from labor to capital — are utilized optimally.
Global supply and demand dynamics also play a critical role. When consumer preferences shift or production costs change, global trade adjusts rapidly. The pandemic, for instance, disrupted both supply chains and demand patterns, forcing the world to reconsider its dependence on certain countries and industries. Similarly, rising middle-class consumption in Asia has altered global demand, turning countries like India, China, and Indonesia into consumption powerhouses.
Economic interdependence has deepened as well. A smartphone assembled in China, using components from South Korea, software from the United States, and raw materials from Africa, showcases how global production networks interlink economies. This interdependence creates efficiencies but also vulnerabilities, as seen during trade disruptions, geopolitical tensions, or shipping crises.
2. Policy and Governance: The Regulatory Pillars of Trade
Trade doesn’t occur in a vacuum; it is guided and regulated by policies, agreements, and global institutions. The World Trade Organization (WTO), International Monetary Fund (IMF), and World Bank form the triad of international governance that promotes free and fair trade.
These institutions were established after World War II to prevent the economic nationalism that contributed to the Great Depression and global conflict. The WTO, for instance, provides a platform to settle disputes and negotiate trade liberalization, ensuring countries abide by agreed-upon rules.
However, in the 21st century, trade policy has become a strategic weapon. Tariffs, sanctions, and subsidies are now tools of economic diplomacy. Trade wars, such as the U.S.–China conflict, illustrate how policy decisions ripple across the global economy — raising costs, shifting supply chains, and altering investment flows.
Moreover, regional trade agreements (RTAs) such as the European Union (EU), North American Free Trade Agreement (now USMCA), and the Regional Comprehensive Economic Partnership (RCEP) have reshaped trade patterns. These blocs promote intra-regional cooperation and reduce barriers, allowing countries to integrate economically and enhance competitiveness.
In contrast, protectionist policies — often driven by domestic political pressures — can distort markets and fragment global trade. The balance between globalization and protectionism remains one of the defining policy challenges of our era.
3. Technological Advancement: The Catalyst of Modern Trade
Technology has revolutionized every facet of global trade — from production and logistics to finance and communication. The digital revolution, automation, and artificial intelligence (AI) have made trade faster, more efficient, and more data-driven.
In logistics, innovations like real-time tracking, blockchain-based shipping records, and automated ports have streamlined global supply chains. The containerization revolution in the mid-20th century was one of the earliest technological breakthroughs that drastically cut transport costs and boosted trade volumes.
In manufacturing, technologies such as robotics, 3D printing, and Internet of Things (IoT) are reshaping the global distribution of production. Countries with advanced infrastructure and technological expertise now dominate high-value segments of the global value chain, while developing economies specialize in labor-intensive manufacturing.
Furthermore, the digital economy has expanded trade beyond physical goods. Digital services — from cloud computing and fintech to online education — are now significant components of international commerce. A freelancer in the Philippines, a software firm in India, and a design studio in the U.S. can collaborate seamlessly in real time, thanks to digital trade platforms.
However, this technological leap also brings challenges. Automation threatens traditional manufacturing jobs in developing nations, while data localization laws and digital protectionism create new trade barriers. As the world moves toward digital globalization, ensuring inclusive access and digital equity becomes a new trade priority.
4. Financial and Monetary Systems: The Flow of Global Capital
Trade cannot function without finance. The global financial system — encompassing currency exchange, cross-border payments, and investment flows — acts as the bloodstream of trade. The U.S. dollar, long the dominant reserve currency, facilitates most international transactions, while central banks and financial institutions provide the credit and liquidity necessary for trade expansion.
Trade finance — letters of credit, guarantees, and export financing — ensures that exporters get paid and importers receive goods. The stability of global finance directly impacts trade volumes. For instance, during the 2008 global financial crisis, liquidity dried up, leading to a sharp contraction in global trade.
Exchange rate fluctuations also affect trade competitiveness. A weaker currency makes exports cheaper and imports costlier, influencing trade balances. Hence, countries often intervene in foreign exchange markets to maintain favorable trade positions — a practice sometimes criticized as “currency manipulation.”
Additionally, capital mobility — the ability of investors to move funds across borders — has made financial markets more intertwined with trade. Foreign direct investment (FDI) fuels industrial growth, infrastructure, and technology transfer, while portfolio investments reflect global confidence in economies.
As digital currencies and blockchain-based payment systems evolve, the future of global trade finance may shift toward decentralization. Central Bank Digital Currencies (CBDCs) could make international payments faster and cheaper, redefining the global monetary order.
5. Infrastructure and Logistics: The Physical Backbone of Trade
Trade relies heavily on physical connectivity — ports, roads, railways, and airports form the arteries of global commerce. Efficient infrastructure determines how fast and cost-effectively goods move from producers to consumers.
Maritime transport carries around 80–90% of world trade by volume. Hence, modern ports like Shanghai, Singapore, and Rotterdam serve as critical global trade hubs. The expansion of the Panama and Suez Canals, along with new infrastructure projects like China’s Belt and Road Initiative (BRI), reflects the growing emphasis on connectivity.
Poor infrastructure, on the other hand, remains a major bottleneck in developing countries. Delays, congestion, and high logistics costs reduce competitiveness and deter investment. Therefore, trade infrastructure investment is not just an economic necessity — it’s a strategic imperative for sustainable development.
The logistics revolution has also introduced new efficiencies. Just-in-time (JIT) inventory systems, global freight management software, and last-mile delivery innovations have minimized waste and improved responsiveness. Yet, as the pandemic revealed, these lean systems can also be fragile when global shocks occur.
6. Geopolitical and Social Factors: The Human Dimension of Trade
Global trade is deeply intertwined with geopolitics. Trade routes, resource control, and economic influence are often used as instruments of national power. Countries form alliances or impose sanctions based on strategic interests, shaping the flow of trade and investment.
The rise of geoeconomics — where economic tools are used for geopolitical aims — marks a major shift. Energy trade, for instance, has been a central element in international relations, with oil-producing nations wielding significant influence. Similarly, rare earth minerals — vital for electronics and renewable technologies — have become a new front in global trade rivalries.
Social factors are equally important. Labor standards, human rights, and environmental sustainability now shape consumer choices and corporate strategies. The ESG (Environmental, Social, and Governance) movement has pushed multinational corporations to adopt responsible sourcing and ethical production practices.
Moreover, trade influences societies by transforming employment patterns, income distribution, and cultural exchange. While globalization has lifted millions out of poverty, it has also widened inequalities in some regions. Thus, social equity and inclusivity have become essential considerations in modern trade policy.
7. Sustainability and the Green Trade Transition
The future of global trade depends on its ability to align with sustainability. As climate change intensifies, nations and businesses are rethinking supply chains, energy sources, and production methods. The concept of “green trade” emphasizes reducing carbon footprints, promoting renewable energy, and developing circular economies.
Green policies — such as the European Union’s Carbon Border Adjustment Mechanism (CBAM) — are reshaping trade norms. Exporters to such markets now face carbon pricing, pushing industries to adopt cleaner technologies. Similarly, green finance and ESG-focused investments are channeling capital toward sustainable trade infrastructure.
Sustainability is no longer an optional pillar but a central force defining competitiveness and resilience in global trade.
Conclusion: Interconnected Pillars for a Shared Future
The pillars of global trade dynamics — economic principles, policy frameworks, technology, finance, infrastructure, geopolitics, and sustainability — together uphold the vast structure of global commerce. Each pillar is interdependent, reinforcing and influencing the others.
The coming decades will witness a reconfiguration of trade networks — driven by technological innovation, climate imperatives, and shifting geopolitical alignments. The challenge lies in ensuring that trade remains inclusive, sustainable, and equitable — balancing efficiency with resilience, and growth with environmental stewardship.
Ultimately, global trade is more than an economic process; it is a reflection of human collaboration and interdependence. As nations navigate the complexities of the 21st century, strengthening these foundational pillars will determine not just the direction of commerce, but the shared prosperity of the global community.
ETH/USD Short Setup: Bearish Reversal Toward $3,830 TargetA short (sell) trade setup for Ethereum (ETH/USD).
The entry zone is around $3,870–$3,880.
The stop loss is set at $3,909.71, protecting against upside breakouts.
The target is $3,830.85, suggesting a downside move of about $40.
The price action and drawn arrow indicate expectations of a bearish move after a small consolidation
Trump, Powell and the Fibonacci ThursdayWe are at a critical position where any news from here could decide the momentum. There are roughly 70 percent chances that on thursday we might cross the the 5000 level and trump can be the trigger. Otherwise as per the trend channel, we could still cross the ATH by November. This could be the last bet we can take otherwise cutting position would be a good idea before the bear momentum takes over.
$ETH LONG Of course. Here is the professional TradingView-style analysis for your ETHUSD chart, incorporating your long bias with ICT, SMC, and Bill Williams Alligator concepts.
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### 🟢 ETHUSD | 30-Minute Chart - Long at Alligator Support
**Concepts: ICT | SMC | Bill Williams**
ETH is retracing into a high-probability demand zone following a strong bullish impulse. The price is currently testing a key confluence area defined by the Bill Williams Alligator, which is perfectly aligned and offering dynamic support. This pullback presents a potential long entry for a continuation toward the recent highs.
**ICT & SMC Perspective:**
* **Order Block & Demand Zone:** The bullish move originated from a clear demand zone below **4,020**. The current pullback is retesting this zone and the mitigation block for a potential "secondary test" entry.
* **Liquidity Run:** The initial drop swept liquidity below the previous consolidation, trapping sellers before a sharp displacement to the upside.
* **Break of Structure (BoS):** A clear Bullish BoS was established with the break above **~4,052**, confirming the short-term trend shift.
* **Fair Value Gap (FVG):** The strong bullish candle that broke structure has left an FVG beneath, which the price is now retracing into, offering a favorable entry.
**Bill Williams’ Alligator Confirmation:**
The Alligator shows a healthy bullish trend that is now being tested:
* **Lips (4,019.3) > Teeth (4,016.7) > Jaw (4,023.2)**
* The price is pulling back into the Alligator's "mouth" (the space between Lips and Jaw), a classic trend-following entry signal in a bullish market. This is a sign of a potential continuation.
**Trade Plan:**
* **🟩 Entry Zone:** **4,020 - 4,016** (Confluence of FVG, Alligator support, and previous demand).
* **🔴 Stop Loss:** **3950** (Below the Jaw and the key demand zone).
* **🎯 Take Profit 1:** **4,120** (Previous internal high).
* **🎯 Take Profit 2:** **4,160 - 4,245** (Approaching the swing high and liquidity pool).
**RRR > 3:1**
**Conclusion:**
ETH is in a clear bullish structure and is now offering a retracement into a high-confluence support zone. The aligned Alligator suggests the trend is intact. A reaction from the **4,020 - 4,016** zone provides an optimal long entry with a defined risk, targeting a move back towards the range highs.
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ETHUSD bullish breakout supported at 4,056The ETHUSD remains in a bullish trend, with recent price action indicating a corrective pullback within the broader trading range.
Support Zone: 4,056 – a key level from previous consolidation. Price is currently testing or approaching this level.
A bullish rebound from 4,056 would confirm ongoing upside momentum, with potential targets at:
4,312 – initial resistance
4,410 – psychological and structural level
4,520 – extended resistance on the longer-term chart
Bearish Scenario:
A confirmed break and daily close below 4,056 would weaken the bullish outlook and suggest deeper downside risk toward:
3,990 – minor support
3,920 – stronger support and potential demand zone
Outlook:
Bullish bias remains intact while the ETHUSD holds above 4,056. A sustained break below this level could shift momentum to the downside in the short term.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Ethereum - This triangle decides everything!🪄Ethereum ( CRYPTO:ETHUSD ) still respects the triangle:
🔎Analysis summary:
As we are speaking, Ethereum is creating the fourth retest of the previous all time high. Since Ethereum has been trading in a bullish triangle pattern for the past four years, a bullish breakout remains likely. But short term volatility remains totally expected.
📝Levels to watch:
$4,000
SwingTraderPhil
SwingTrading.Simplified. | Investing.Simplified. | #LONGTERMVISION
Send it ETH USD⚙️ BITSTAMP:ETHUSD | Make or Break Moment 💥
VolanX DSS | Liquidity Compression Zone
It’s overdue for a move.
The Ethereum ( CRYPTOCAP:ETH ) structure has coiled long enough — this is the make-or-break zone where conviction meets volatility.
💰 Sellers selling. Buyers buying.
📈 Range is tightening. The next candle decides who wins.
🧠 VolanX DSS liquidity model flags equilibrium pressure building — a breakout could trigger a cascade toward $3.9K–$4.2K if bulls absorb remaining sell walls.
📊 Bias: Neutral → Bullish if structure flips above $3,350
⚠️ Invalidation: Weekly close under $3,050
#ETH #Ethereum #Crypto #VolanX #SmartMoneyConcepts #Liquidity #MakeOrBreak #DeFi #Altcoins #CryptoTraders #MarketEdge #BTC #ETHUSD
40% November Candle coming!!!Welcome to the second part of my thesis. This section takes a short-term view of price action. Several key factors support a +40% ETH rally in November, let's break them down:
LIQUIDITY: The past two months have delivered choppy price action. ETH repeatedly swept prior lows while failing to print higher highs. This reinforces short-term bearish sentiment, yet the long-term uptrend remains intact. Such consolidation is classic liquidity engineering in a bull market, its sole purpose is to harvest stops and shake out weak hands.
Key KPI: Record Liquidations – Over $2.1B in total crypto liquidations since September (per Coinglass), with $1.4B longs wiped in October alone—the highest two-month cascade on record. This flushed leveraged bulls and primed sideline capital. Short-term sentiment is now deeply pessimistic (Fear & Greed Index at 25), positioning the market for a mean-reversion squeeze.
I don’t expect a vertical moonshot. A steady grind of fifteen +3% days (average daily gain needed: 1.8%) compounds to +40% by month-end—entirely achievable in a low volatility breakout.
INCREASING SHORT INTEREST: Crypto is a short-horizon arena dominated by retail and algo traders. Prolonged sideways action erodes conviction, pushing participants to flip bearish out of boredom. Rising short interest creates upside liquidity pools—the market always hunts the crowd.
Key KPI: Perpetual futures funding rates flipped negative (-0.05% 8h avg on Binance/Bybit) for the first time since July, while open interest rose 12% amid flat price. Uptober bulls are capitulating; short interest hit a 3-month high (45% of OI on major exchanges). Exhaustion of sell pressure is imminent.
HIGHER LOW: ETH defended the mid October low on multiple retests, forming a clear higher low on the daily timeframe. This signals bearish momentum exhaustion, dips are now absorption zones, not breakdowns.
In summary: Extreme liquidations have cleared the runway, negative funding rates stack shorts for a squeeze, and structural higher lows prove demand dominance. November’s catalyst stack (Pectra + post-election clarity) meets a technically washed-out market. The +40% move isn’t hope, it’s probability.
Ethereum Daily OutlookCOINBASE:ETHUSD Price is currently trading above the key structural line while respecting the latest bullish FVG. After the recent rejection 🧠 from the distribution zone, ETH shows early signs of accumulation within the grey mitigation block.
As long as price holds above
3,850–3,880, the bias remains long, targeting the upper FVG zones near 4,200–4,400.
A clean break below that block, however, could open the road toward the lower liquidity pool around 3,500–3,600, where a deeper accumulation phase might form.
The volume profile shows declining sell pressure signaling potential bullish reaccumulation before the next leg up.
📊 Key Zones:
• Accumulation: 3,850–3,880
• Distribution: 4,200–4,400
• FVG Targets: 4,250 / 4,450
• Invalidation: Below 3,800
Bearish drop off?The Ethereum (ETH/USD) has rejected off the pivot whic has been identified as an overlap resistance and could drop to the 1st support.
Pivot: 4,262.14
1st support: 3,693.05
1st Resistance: 4,440.49
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