Hey! 📢 Do you remember that beautiful spike of Ethereum (ETH) that had us dreaming of $4K? Well, let me tell you that train 🚂 came to a screeching halt right at the $3,200 station. And it wasn't just any stop: it was a strong rejection that has us all trembling. 📉

Look, here's the thing. The price of ETH had been bouncing off the floor of $2.6K, which is a key support level, a level that has saved us several times. But when it reached the $3.2K zone, it encountered a wall of sellers. 🧱 There, several technical things came together (which traders call 'daily FVG' and a 'long-term downtrend line') that acted like a magnet for people wanting to sell for profit. The result: a pull down that broke the bullish structure that was forming, creating a new 'lower daily minimum'. 💔

In street language: the hope of continuing to rise has been put on pause. Now, we are caught in a tight dance, consolidating the price. What does this mean? That the market is unclear about where to go and is gathering strength. If we break below, the main target is that support of $2.6K. If we break above... well, then we can smile again. 😉

Watch the data in 4 hours: Analysts are seeing that the drop stopped in an area that is quite solid, a confluence of support (they call it "bullish order block" and "breakout block"). It is an area where it is very likely that buyers will defend the price. What are the key numbers? We are bouncing between $3,000 and $3,600.

Now, here comes the interesting part of market sentiment. 🧠 The rejection of $3.2K served to "sweep the liquidity" (that is, to capture the stop-loss orders of buyers that were just below $3,032). This is not necessarily bad! Historically, after the market "cleans" the order book, it usually goes to seek the next large group of liquidity. And where is that group? Near $3,300.

In summary, it seems that in the short term (hours or days) we could see a small push towards $3,300 to "consume" that liquidity. But be careful!, that movement could just be a bounce before falling back and seeking the larger correction.

Buddy, this is like a soccer match ⚽ in extra time: the tension is at its peak and the next move defines whether we will celebrate or lament. It's time to stay glued to the screen.

Do you think this brief push to $3,300 will be real, or are the $2.6K calling us loudly? 🤔$ETH