🚨 Will ETH reach $1800?
There are 4 data points that make me think it might.
Not because I believe the market "has to get there."
But because, for now, the context is aligned.
When a move is supported by structure and not by hype, I pay much closer attention to it.
These are the four things I’m looking at today.
1️⃣ The structure is still bullish.
On the 4H timeframe and smaller ones, ETH continues to form higher highs and higher lows.
Each pullback finds buyers, and so far the corrections have been orderly.
2️⃣ Open interest is increasing... but not exploding.
OI is rising alongside the price.
That means capital is entering the market, but without that explosive growth that usually shows up when everyone starts over-leveraging.
For now, the move looks pretty healthy.
3️⃣ Funding is still under control.
Yes, it’s positive.
But it’s still far from those levels where the market gets euphoric and it feels like the only button that exists is the "Long" button.
And paradoxically, I like that more.
4️⃣ Shorts are still paying for the party.
In the last few hours, liquidations have still been mostly short positions.
Part of the momentum comes from a short squeeze, but I still don’t see a flood of buyers chasing the price out of FOMO.
Can it correct?
Of course.
Strong trends also need to pause.
In fact, orderly corrections often strengthen a trend rather than destroy it.
That’s why today I’m not fixated on the 1800 number.
I’m much more interested in how it gets there.
As long as I see:
✅ Bullish structure
✅ OI rising gradually
✅ Funding without euphoria
✅ Healthy corrections
I think the market has reasons to keep looking for higher zones.
This isn’t a prediction.
It’s how I read the context with the data we have today.
The market will always have the final word. 📈🧉
$ETH
There are 4 data points that make me think it might.
Not because I believe the market "has to get there."
But because, for now, the context is aligned.
When a move is supported by structure and not by hype, I pay much closer attention to it.
These are the four things I’m looking at today.
1️⃣ The structure is still bullish.
On the 4H timeframe and smaller ones, ETH continues to form higher highs and higher lows.
Each pullback finds buyers, and so far the corrections have been orderly.
2️⃣ Open interest is increasing... but not exploding.
OI is rising alongside the price.
That means capital is entering the market, but without that explosive growth that usually shows up when everyone starts over-leveraging.
For now, the move looks pretty healthy.
3️⃣ Funding is still under control.
Yes, it’s positive.
But it’s still far from those levels where the market gets euphoric and it feels like the only button that exists is the "Long" button.
And paradoxically, I like that more.
4️⃣ Shorts are still paying for the party.
In the last few hours, liquidations have still been mostly short positions.
Part of the momentum comes from a short squeeze, but I still don’t see a flood of buyers chasing the price out of FOMO.
Can it correct?
Of course.
Strong trends also need to pause.
In fact, orderly corrections often strengthen a trend rather than destroy it.
That’s why today I’m not fixated on the 1800 number.
I’m much more interested in how it gets there.
As long as I see:
✅ Bullish structure
✅ OI rising gradually
✅ Funding without euphoria
✅ Healthy corrections
I think the market has reasons to keep looking for higher zones.
This isn’t a prediction.
It’s how I read the context with the data we have today.
The market will always have the final word. 📈🧉
$ETH