$ETH

That $3,435 flush wiped out most over-leveraged longs — and now Ethereum is stabilizing above $3,800, where strong buying demand has stepped in. The surge in volume during the drop suggests capitulation rather than continuation.

Setup:

• Entry: $3,780 – $3,830 (spot range)

• Target 1: $3,950

• Target 2: $4,120

• Target 3: $4,350

• Stop-Loss: $3,660

Analysis:

This is shaping up as a classic post-liquidation rebound. $ETH held its mid-cycle demand zone impressively — buyers absorbed the panic selling and reset short-term structure to neutral. A solid 4H close above $3,880 could confirm momentum toward the $4,100–$4,200 region.

Bias: Bullish recovery — higher timeframe structure remains strong, with liquidity cleared and market positioning reset. Watching for a reclaim above $3,900 to increase exposure.