🔥$ETH Market Structure Update ✨

Watching Ethereum / USDT on the higher timeframe. Price is currently trading around $2080 after a strong sell-off earlier, and the market appears to be entering a short-term consolidation phase.

After the sharp drop toward the $1750 liquidity zone, buyers stepped in and pushed price back above $2000, turning this level into a psychological support area.

Right now, multiple moving averages are compressing while price moves sideways. This usually signals volatility building before the next directional move.

If bulls manage to reclaim $2150 – $2200, the next liquidity targets could sit near $2400+.
However, losing $1980 support could open another sweep toward $1850 liquidity.

Key zones I'm watching:

• Support: $1980 – $2000
• Resistance: $2150 – $2200

For now, this looks like accumulation after a distribution phase, and the next breakout will likely define the mid-term trend.

Stay patient and watch the liquidity. 📈