Ethereum Liquidation HeatMap 🚨

$ETH hit almost $4,700 today and still trading above $4,600.

There are not much liquidation clusters left to the upside, but the buyers are still dominating.

As I said earlier, ETH new ATH is highly likely to happen this month.

Here are my 2 scenarios:

A correction towards $4,400-$4,450 to trap the late longs and then a pump straight to new ATH.

Or, ETH will shoot straight to new ATH from here and then a correction.

In the 2nd scenario, the correction will be deeper and it'll send ETH sideways for 3-5 weeks.

Which one do you think will happen?