ETH has recently rejected from the 4,370 area, showing signs of short-term exhaustion.
On the 1H chart, a clear FVG is located around 4,100, which could act as a liquidity target if selling pressure continues.
Below that, we have a strong Bullish OB around 3,900, aligning with previous demand and potential reversal interest.
If price retraces into the FVG zone (4,100) and shows bullish reaction in lower timeframes, short-term buys could be considered targeting 4,300 – 4,370.
A deeper move into the OB at 3,900 would be a high-probability long setup for swing traders, with upside potential toward 4,500.
For now, structure remains bullish on higher timeframes, but short-term correction is possible before continuation
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