Currently watching ETH price action around $4,310.
We just had a liquidity sweep above the recent highs, followed by a sharp sell-off → classic buy-side liquidity grab.
Price then stabilized and is consolidating, forming a potential accumulation zone.
My setup: looking for longs from demand with a stop below recent structure ($4,268) and targeting the next supply imbalance above ($4,497+).
🎯 Bias: Bullish short-term, expecting price to rebalance the inefficiency left behind after the sell-off.
🔑 Key SMC Notes:
Liquidity sweep ✅
Demand zone respected ✅
Imbalance above = magnet for price ✅
Risk is managed, and I’ll let the market decide.