Despite aggressive downside on
BTC,
ETH is holding up structurally โ price remains within the well-defined range, with a clear demand zone (highlighted in green).
๐ Key notes:
โ
BTCโs Monday high deviation + daily selloff is increasing market-wide risk.
โ However, if
BTC holds above $74k or reclaims it fast, ETH might bounce from this demand zone.
๐ Trade plan:
โ Zone of interest: edge of range / 50% of demand (~$1433).
โ Entry only on confirmation (LTF trigger).
โ Target: highs near ~$1845 โ confluence with supply zone.
โ ๏ธ Caution:
BTC remains weak โ breakdown below $74k invalidates this idea.
No blind longs โ structure + trigger required.
๐ฌ Isolated structure on
ETH looks clean and technical โ just needs macro confirmation.
๐ Key notes:
โ
โ However, if
๐ Trade plan:
โ Zone of interest: edge of range / 50% of demand (~$1433).
โ Entry only on confirmation (LTF trigger).
โ Target: highs near ~$1845 โ confluence with supply zone.
โ ๏ธ Caution:
No blind longs โ structure + trigger required.
๐ฌ Isolated structure on
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.