Ethereum Eyes $4095.0 Liquidity Pool Amid Sustained Bullish Momentum

Ethereum is approaching a critical liquidity pool at $4095.0 after a series of bullish price actions. The asset experienced a strong breakout in July, following a prolonged consolidation below the $2824.0 resistance level. This upward movement revealed several inefficiently traded regions, commonly known as fair value gaps, which signalled aggressive bullish intent. A swing high developed at $3,852.0, prompting a temporary pullback. However, the pullback was short-lived as price action resumed with increased momentum and established a bullish break of structure at $3857.0. Currently, Ethereum is advancing toward the $4095.0 liquidity pool, a region marked by relatively equal highs that previously triggered bearish reversals on the downward trend.

Ethereum Key Levels

Demand Levels: $2824.0, $2170.0, $1545.0
Supply Levels: $4095.0, $4868.0, $5000.0

What are the indicators saying?

Since July, the Elder Ray Bull and Bear indicators have consistently highlighted buyer dominance in the market. The breakout above the $2824.0 resistance level triggered a decisive separation between the 9-period and 21-period Moving Averages, indicating strong bullish momentum and directional clarity. The brief pullback after the $3852.0 swing high was halted precisely at the 9-period Moving Average, reinforcing it as dynamic support. This confluence of indicators supports a high-probability continuation toward the $4095.0 liquidity pool and potentially beyond.

 

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