Sharing my thoughts on ETH’s price action to help navigate the market. Let’s break it down step by step.
🟢 1D TF: Price tested the weekly STB zone, triggering a buyer reaction. An 8-day consolidation finally broke out. A short 1D FVG acted as resistance, but yesterday we saw an inversion in FTA (1986-1969$). While the outlook leans bullish, liquidity below and untested interest zones raise some concerns.
🟢 4H TF: Price tested the BTS block (2152-1987$), acting as resistance, before returning to the interest zone. Currently testing the 0.5 level of the inverted short FVG (IFVG) + 4H FVG (1994-1942$). To maintain an uptrend, buyers must hold this zone and show strength.
💭 Historical Comparison: The current structure resembles August-November 2024. Back then, a prolonged range built liquidity before a buyer-driven breakout. ETH has a tendency to leave price shelves and reverse unexpectedly.
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🪙 ETH Market Analysis & Outlook
Sharing my thoughts on ETH’s price action to help navigate the market. Let’s break it down step by step.
🟢 1D TF:
Price tested the weekly STB zone, triggering a buyer reaction.
An 8-day consolidation finally broke out.
A short 1D FVG acted as resistance, but yesterday we saw an inversion in FTA (1986-1969$).
While the outlook leans bullish, liquidity below and untested interest zones raise some concerns.
🟢 4H TF:
Price tested the BTS block (2152-1987$), acting as resistance, before returning to the interest zone.
Currently testing the 0.5 level of the inverted short FVG (IFVG) + 4H FVG (1994-1942$). To maintain an uptrend, buyers must hold this zone and show strength.
💭 Historical Comparison:
The current structure resembles August-November 2024. Back then, a prolonged range built liquidity before a buyer-driven breakout. ETH has a tendency to leave price shelves and reverse unexpectedly.