$ETH – I’m seeing strong demand stepping in right after a sharp liquidity sweep below 1,900, and that kind of reaction usually builds the base for recovery.
Price dropped aggressively from the 1,980–2,000 region and flushed down to 1,896. That move cleared stops below intraday support. Instead of continuation, we got immediate rejection and a bounce back above 1,915. That tells me buyers were waiting there.
Market Read:
I’m watching the 1H structure closely. The move to 1,896 looks like a liquidity grab below equal lows. The fast reaction candle shows absorption, not panic continuation. If pri