📉 Quick look at the chart:
Analyzing Ethereum price behavior today on a 4-hour timeframe using price structure tools (CHoCH and BoS) while identifying demand and supply zones, giving us a glimpse into the movements of "big players."
📌 Smart analysis of the zones:
🔴 CHoCH – Change of Character:
It has been observed multiple times, indicating instability in the trend and sudden shifts in control between buyers and sellers.
The red areas represent strong supply zones where price was rejected.
🟢 Demand Zone (bottom green box):
The price bounced strongly from it, and it is currently an important support area at the level of 2,420 – 2,430.
It may potentially attract buyers again if the price drops again.
🟡 BoS – Break of Structure:
Indicates the beginning of a short-term downtrend after losing momentum from buyers, warning of a potential broader correction if the price fails to return above 2,480.
📈 Critical areas to watch:
Key support: 2,420 – 2,430
Immediate resistance: 2,480 – 2,500
Strong resistance: 2,520 (previous high)
💬 Strategic view for speculators:
✳️ Smart buying at the retest of the demand zone (2,420 – 2,430) with a stop below it.
❌ Avoid buying in the red zones unless the level of 2,500 is firmly broken.
📊 The positive scenario is confirmed only by breaking 2,520.
🧠 Advice for new investors:
> Don't just enter because the price "dropped a lot." Wait for confirmations from demand zones or clear price behavior. Rushing may cost you your capital!
📌 Note:
This analysis does not constitute financial advice. Trade cautiously and study the market well before making any decisions.
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