$ETH ### **ETHUSDT Perpetual Market Analysis (15m - 1h Timeframe)**

#### **1. Trend Direction & Market Structure**

- **Primary Trend**: Neutral to slightly bullish (price above EMA50/100 but consolidating near mid-Bollinger Band).

- **Market Structure**:

- **Higher Highs/Lows**: Weak, but no clear breakdown.

- **Key Levels**:

- **Support**: 2,419.17 (LB of BOLL), 2,422.00 (psychological), 2,418.18 (swing low).

- **Resistance**: 2,442.89 (UB of BOLL), 2,443.00 (local high), 2,460.00 (swing high).

- **Liquidity Zones**:

- **Buy-side liquidity** below 2,418.18 (likely stops).

- **Sell-side liquidity** above 2,443.00 (potential breakout trap).

#### **2. Key Technical Indicators**

- **Moving Averages**:

- EMA9 (2,435.92) > EMA21 (2,435.12) > EMA50 (2,432.65) → Slight bullish bias.

- **Golden Cross (EMA9 > EMA21)** but weak momentum.

- **Bollinger Bands**:

- Price near mid-band (2,434.55), suggesting mean reversion.

- **Contraction** → Low volatility, potential breakout soon.

- **RSI14**: 52.15 (neutral, no divergence).

- **MACD**:

- MACD (-0.17) below signal line (DEA: 1.11) → Weak bearish momentum.

- **Volume**: Low (1.306K vs. MA5: 5.874K) → Lack of conviction.

#### **3. Smart Money Concepts (SMC) & ICT Analysis**

- **Fair Value Gaps (FVGs)**:

- **Bullish FVG**: 2,429.00 - 2,422.00 (if price retests, could act as support).

- **Bearish FVG**: 2,441.07 - 2,443.00 (if price rejects, potential short).

- **Order Blocks (OBs)**:

- **Bullish OB**: 2,418.18 - 2,422.00 (previous reaction zone).

- **Bearish OB**: 2,443.00 - 2,460.00 (failed breakout area).

- **Liquidity Sweep Scenario**:

- If price sweeps **2,418.18** (liquidity below support), watch for a reversal.

- If price sweeps **2,443.00** (liquidity above resistance), watch for rejection.