Macro & News Impact
Unemployment Claims (235K vs 226K expected) → Slightly higher = weak labor market = bullish for ETH (more dovish Fed expectations).
Flash Services PMI (55.4 vs 54.2 expected) → Stronger services sector = economic resilience = neutral-to-bearish ETH (less urgent for Fed to cut).
Net Effect → Mixed signals, but ETH remains supported as investors rotate into risk assets.
🔹 Price Action & Technical Zones
Support: $4,250–$4,300 (strong buyer defense zone).
Immediate Range: $4,300–$4,500 consolidation.
Resistance: $4,600 (short-term), $4,700 (major wall).
Breakout Levels:
Above $4,700 → opens path to $4,900–$5,000.
Below $4,250 → correction risk toward $4,100–$3,950.
🔹 Probability & Swing Trade View
Short-term (weekend) → ETH likely to range $4,300–$4,500.
Next week outlook → 60–70% chance ETH retests $4,700 if support holds.
Bearish risk only if macro shocks push ETH below $4,250.
🔹 Whale Activity & Liquidation Heatmaps
Whale buy walls visible around $4,250–$4,300, suggesting strong demand.
Whale sell walls stacked near $4,650–$4,700, explaining repeated rejections.
Liquidation clusters:
Long liquidations trigger below $4,250 → sharp downside possible.
Short liquidations trigger above $4,700 → possible squeeze rally toward $4,900+.
✅ Trading Idea Summary:
ETH/USDT is consolidating but biased bullish. Watch $4,250 (support) and $4,700 (major resistance). A breakout above $4,700 could ignite a strong move to $4,900–$5,000, while a breakdown under $4,250 risks $4,100 or lower. Whale positioning and liquidation heatmap levels reinforce this range.