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$ETH price is stabilizing after a sharp sell-off into demand, and the structure is compressing — this is usually where the next directional move starts forming.
Market read
I’m seeing $ETH drop hard from the 2,930 area and sweep liquidity near 2,635 before buyers stepped in. That reaction tells me sell-side pressure weakened after the sweep. Price is now holding around the 2,680–2,700 zone with tight candles and overlapping ranges. The selling impulse is gone, and what I’m seeing now is absorption and balance. As long as price holds above this demand, I’m leaning toward a recovery push rather than continuation lower.
Entry point
I’m looking to enter between 2,670 – 2,700
This zone aligns with short-term demand and post-liquidity sweep stabilization. I want price to stay above this range and hold structure.
Target point
TP1: 2,780 – first resistance and range high
TP2: 2,880 – breakdown origin and momentum continuation
TP3: 3,020 – bullish expansion if buyers fully take control
Stop loss
2,610
If price closes below this level, the demand fails and I’m out.
How it’s possible
I’m expecting buyers to defend the 2,670–2,700 zone because liquidity was already taken below 2,635 and sellers failed to continue lower. If buyers maintain control, price can reclaim 2,780 quickly, which opens the path toward higher targets. A strong hold above that level would confirm momentum shift and allow continuation toward the upper range. Risk-to-reward remains clean as long as demand is respected.
I’m ready for action here and I’m sticking to the plan.
Let’s go and Trade now $ETH