Last night $ETH fell back to this side

In this section, looking at the volume, the buying force is still present, so it is likely that many traders stubbornly buy limit at low prices, leading to temporarily insufficient liquidity in the upper region.

In this section, we can tentatively understand that when a price range is too hesitant, it reflects one of two issues,

1 is that the buying and selling forces are heavily suppressing each other in that area.

2 is a lack of liquidity, meaning there are no participants buying or selling.

In this section, it can be seen that it is very difficult for both sides, because the long traders will not enter at this price range, the potential price range for the long side to participate is around 2k2 - 2k3.

As for the short traders, they can only short briefly from the resistance at 2k8 to 2k5.

And we analyze this through volume, the volume of green candles is very low and scattered, a long red volume column absorbs everything.

Of course, the volume column varies from exchange to exchange, so you should choose the exchange with the highest volume to observe.

There is only tomorrow left for the weekly candle to close, hoping it will run in time after resolving the liquidity area.