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$ETH Liquidity Update 👀
Looking at the charts, Ethereum has just hit a major supply zone around the $2,150 level. This area has acted as a brick wall several times recently, and price is currently showing signs of rejection.
There is a significant cluster of liquidity resting much lower, specifically in the $1,850–$1,750 range. This "bright zone" on the higher timeframes often acts like a magnet, drawing price back down to sweep out late longs and rebalance the market.
If ETH fails to flip this current resistance into support, a deep correction toward that $1,752 liquidity pool becomes the primary scenario. Markets move from liquidity to liquidity, and right now, the path of least resistance looks to be down.
DYOR, NFA
Stay sharp and watch for the sweep.
DYOR. NFA.
#ETH