🧬 $ETH went down to the purchase zone, large orders are at 2210-2250. I wouldn't say that there is an active buyback, but for now the big guys have slowed down the decline. The chart itself shows the formation of a negative delta, which validates the presence of limits from below. The liquidation map is empty, open interest is reduced, which means there is no resistance from sellers either. Over the past day, $150 million worth of traders' longs were liquidated, which suggests that no one is sitting on the market, so I would not call this decline another manipulation by a large player, there was a local reaction of retail, on the fud news about the encroachment on the Republican.

With such a picture, I do not see a fall below large orders, but locally we can see a flat of 2250-2318. If we talk about purchases, it would be reasonable to wait for an exit above 2318, with a subsequent retest to enter longs. We are also waiting for tomorrow's macro data, where we will see increased volatility.