Good evening! Just passing by to post a speculation that I have been following on #ETH . The market has been working on a short period of corrections and accumulating positions. In the last few days, we can see a strong liquidity sweep seeking the 2.9k dol region and quickly absorbing the positions (white candle with a large shadow in the lower region in the image), returning to the price of 3.1k dol and closing the day, on top of an old region of price imbalance (IMB).

The market has already reversed the micro flow and is interested in higher prices. Remember that the 03/24 high has not yet been renewed and has remained accumulating throughout the period of 2024, generating a large region of liquidity to be mitigated.

I believe that in the coming days, we CAN see a bullish rally to mitigate this region and renew this high. #ETH #ATOM #BTC .