$ETH
Ethereum’s weekly (W1) timeframe recently cleared its closest major resistance at around $4,100 with strong momentum, signaling a clear “Break of Structure” (BOS) on the higher timeframe. According to Smart Money Concepts, this kind of BOS confirms institutional buying interest and invalidates previous supply zones. The next key resistance level lies at the all-time high near $4,877, acting as the next logical “liquidity pool” for smart money to target.
Price action remains aggressively bullish as the weekly chart shows no signs of rejection or significant retracement after breaking $4,100. This suggests that Ethereum is likely preparing for a clean run towards the ATH. From an ICT perspective, the clear BOS combined with strong order block support below indicates the presence of “Smart Money” accumulation. Traders should watch for potential liquidity sweeps and efficient retests in the zone between $4,100–$4,300 before a sustained push upward. Overall, ETH is primed for an all-time high breakout move, aligning perfectly with institutional buying patterns.
#Ethereum #ETH #SmartMoneyConcepts #ICTConcept #CryptoAnalysis #BinanceSquare