ETHUSD sustains corrective pressure with downside liquidity zones in view. From a structural perspective, the price recently slipped below the $4,110 support, a level now acting as resistance, and briefly tested the $3,950 area. The rejection from this zone highlights the market’s inability to sustain upward momentum, further confirmed by the imbalance left behind between $4,110 and $4,260. The consistent formation of lower highs within the daily timeframe adds weight to the prevailing downward direction.
Looking ahead, ETHUSD is expected to retest the imbalance region around $4,110 before resuming its descent. Should sellers maintain dominance, the next liquidity pocket lies near $3,530, with a possible extension toward $2,860 under increased bearish conviction. Deeper capitulation could even drive the asset to $2,150, marking a substantial retracement from its recent highs. In the current context, market participants may anticipate continued bearish flow unless the pair can decisively reclaim and sustain above $4,260, which at present appears unlikely. The trajectory points toward broader distribution, consolidating the bearish bias over the coming weeks.
ETH Key Levels
Supply Levels: $4110, $4870, $5500
Demand Levels:$3530, $2860, $2150
What are the indicators saying?
ETHUSD is currently navigating a corrective trajectory after failing to hold above its 9-day Simple Moving Average at $4,260. The MACD (Moving Average Convergence Divergence) indicator reflects weakening momentum with the signal line trending below the baseline, underscoring the increasing probability of continued bearish flows. Market sentiment has shifted as the asset transitions from a previous bullish expansion into a consolidation phase that favors sellers. This technical posture indicates that Ethereum may remain pressured while attempting to rebalance the order flow across critical support regions.
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