ETH just wrapped up a strong correctionāand whatās forming now could be more than just noise. We might be looking at a monthly demand candle, which in the past has been the calm before a serious uptrend. š
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š ETH Macro Outlook Weāve seen this kind of setup beforeāthink 2016, 2018, and 2020. Ethereum prints a demand candle on the monthly, market structure tightens, and then⦠boom. š
Right now, ETH dominance is also starting to perk up, potentially forming a double bottom with a bullish MACD cross on the higher timeframesāa pattern we havenāt seen in over two years.
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š ļø Setups That Caught My Attention Some clean structures are lining up:
Bullish continuation: ETH/USD recently cleared horizontal resistance. A potential long around $2,740 looks promising, with targets in the $3,320 to $4,000 rangeāsolid R:R potential here.
Smart money zones: The $2,558ā2,874 area is getting a lot of attention. Iām watching for any retest toward $2,600ā2,740 as a possible long entry, targeting $3,000+ short-term and maybe even $3,434ā3,650 if momentum builds.
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š§© Why This Matters for Binance Square Traders Iām sticking to three key principles:
1. Clarity over hype ā No pump talk, just chart-based logic.
2. Accessibility ā Whether youāre new or a vet, the setup should make sense.
3. Respect the community ā Letās keep it sharp, not emotional.
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š Possible Game Plan (With Risk Management!)
Monitor how ETH behaves above $2,600ā2,700.
If price holds and confirms strength, scale into longs in the $2,600ā2,740 zone.
First target: $3,300+. If momentum continues, keep an eye on $4,000 and beyond.
Protect the downside: Stop-loss just below $2,550. If ETH breaks that with volume, it's time to reassess.
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š¬ Your Move ETH is flashing a few high-probability signsābut discipline is key. For me, this looks like a ābuy the dipā moment, if the setup holds. Curious to hear your take:
š Are you bidding the $2.6Kā$2.7K zone? š Or playing it safe until $3K gets cleared?
Drop your thoughts below. Let's trade smart.
(Not financial adviceājust sharing how I see the charts. Always manage your risk