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$ETH the $2,130 - $2,160 Battleground
We are back at the most critical pivot zone of the last few years.
The green box on the chart represents a massive historical supply area that has acted as a "make or break" level for $ETH s macro structure multiple times.
Right now, we have two clear scenarios:
The Bullish Case
I’m looking for a clean Higher High that breaks the current local downtrend, followed by a successful retest of this green box.
Reclaiming $2,160 as a solid floor would be the ultimate green light.
The Bearish Case
If we see another rejection from this historical supply, it confirms that sellers are still in control.
In this scenario, the risk of a fast liquidity flush increases, likely leading to a sweep of the lower levels around $1,900 - $1,850 to find a real bottom.