$ETH still bullish โ just going through a clean shakeout phase.
Iโm seeing the same pattern again.
Push into 2168โฆ instant rejectionโฆ then controlled bleed down.
Not panic. Not weakness.
Just liquidity getting taken and price resetting.
The key part โ it didnโt break structure.
2145 got tapped and buyers stepped in.
This is where most people get it wrong.
They see red candles and think trend is over.
I see compression building.
Right now:
โ High swept
โ Sellers exhausted on the drop
โ Price sitting on short-term support
This is where moves usually reload.
๐คMy setup:
Entry: 2145 โ 2155
Target 1: 2180
Target 2: 2220
Stop Loss: 2115
Iโm not chasing the breakout.
Iโm waiting for support to hold and momentum to flip.
How this works:
Market grabs liquidity above highs โ flushes โ builds base โ then expands higher.
If 2145 keeps holding, upside comes fast.
If 2115 breaks, then this turns into deeper correction.
Right now it still looks like a resetโฆ not a reversal.
Iโm watching for reclaim and push.
Letโs go and Trade now
$ETH #eth