PLLLLLEAAASEE new structure for the market as cited below! Observe and take stances! For nerds , Look at this
Ethereum has experienced a significant breakdown from its previously established value area between $2,060 and $2,100, as seen clearly in the 4H Volume Profile. The price sharply rejected the upper range and fell through low-volume nodes with little resistance, indicating aggressive selling and a clear lack of buyer support at higher levels. Currently, ETH is trading near $1,890, where the new Point of Control (POC) has formed, suggesting that the market is starting to accept this lower price region. However, the volume at these lower levels is still relatively thin, which means that the structure is not yet fully balanced, and volatility may continue. If ETH fails to reclaim the $1,920–$1,950 zone, we could see continued downside movement toward $1,850 or even $1,800, where a new high-volume base might establish. On the other hand, if bulls manage to push the price back above the recent breakdown point and sustain it, there could be a short-term recovery attempt.
Ethereum has experienced a significant breakdown from its previously established value area between $2,060 and $2,100, as seen clearly in the 4H Volume Profile. The price sharply rejected the upper range and fell through low-volume nodes with little resistance, indicating aggressive selling and a clear lack of buyer support at higher levels. Currently, ETH is trading near $1,890, where the new Point of Control (POC) has formed, suggesting that the market is starting to accept this lower price region. However, the volume at these lower levels is still relatively thin, which means that the structure is not yet fully balanced, and volatility may continue. If ETH fails to reclaim the $1,920–$1,950 zone, we could see continued downside movement toward $1,850 or even $1,800, where a new high-volume base might establish. On the other hand, if bulls manage to push the price back above the recent breakdown point and sustain it, there could be a short-term recovery attempt.
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Official Telegram Channel : @mastaishere | 〽️agic Begins 🪄 with 〽️astaCrypta! |
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Accuracy and Precision?? - I just doodle and that's it 🪄
Join 〽️astaTrades & The Alchemy Syndicate ™ 🔮 Today!
The 〽️agic happens here: @MastaCryp
Related publications
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.