🧠 ETH Needs a Retest Before Higher Levels?
ETH is currently trading around $2,593, but there's an important untested zone at $2,517.
📉 Smart Money Concepts (SMC) perspective:
Price had an impulsive rally, leaving behind an imbalance and potential demand zone.
⚡ If bulls are serious, price may come down to test $2,517 before heading higher.
That’s where liquidity rests… and smart money loves that.
🔍 Watching for:
Fair Value Gap fill
Order Block retest
Buy-side confirmation after sweep
📌 Key Level to Watch: $2,517
Let’s see if ETH comes down to collect orders before launching higher.
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Will ETH Go Higher?
Before ETH makes its next big move, it might have to retest one critical level.
The Blue Line – $2,517
This level was the origin of a powerful bullish move.
It's a potential demand zone and order block.
Price may return to grab liquidity.
Why It Matters (SMC View)
Imbalance left behind
Unmitigated demand
Liquidity resting below recent lows
A retest makes sense technically.
What We Want to See
✅ Price taps $2,517
✅ Bullish confirmation (CHoCH or bounce)
= Potential long entry
🚫 If it breaks through hard, structure may shift bearish.
$2,517 is a level worth watching.
Smart money waits for price to return.
Not chasing—just planning.
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