ETHUSD – 1H Timeframe Analysis | Liquidity Grab & Bearish Continuation Scenario
In this chart, Ethereum (ETHUSD) is currently trading near the $3,440 level after tapping into a strong resistance zone where buy-side liquidity has been collected. Price previously swept the highs, indicating potential exhaustion in bullish momentum.
🔍 Key Technical Observations
✅ Buy-Side Liquidity Sweep
Price moved into the upper liquidity zone and quickly rejected.
Indicates institutions may have gathered liquidity for a downside move.
✅ Resistance Zone – Strong Supply Area
Multiple rejections from the orange resistance block.
Sellers are defending this area aggressively.
✅ Support Zone – Demand Area
Around $3,250 – $3,200, price previously reacted with bullish wicks.
Blue arrows show buyers stepping in temporarily.
✅ Sell-Side Liquidity Below
A clean downside target remains near $3,050.
Liquidity pools below indicate unfinished business.
📉 Market Structure Outlook
The projected movement suggests:
Short-term bearish rejection from resistance.
Possible retest of support near $3,250.
If support breaks ➝ downside continuation towards $3,050 liquidity zone.
This aligns with a lower-high formation and a continuation of the existing downtrend.
🎯 Bearish Scenario
Entry: On bearish confirmation below support zone
Target: $3,050
Invalidation: Sustained breakout above $3,500 resistance
