$ETH
Ethereum just filled the imbalance on the daily time frame at $3,034 - $3,156, and then a strong reaction of buying pressure came into play. As we can see, there is some liquidity formed around $4,087 in the form of equal highs.
So, should we buy Eth now?
If we look at the lower time frame perspective, such as the 1-hour time frame, we can see that it creates another gap after a strong rebound around $3,104 - $3,186. Even though we can't have any certainty that Ethereum will visit that level, we can use the grid strategy by buying 20-30% at this level and being ready when the price dips to the fresh demand area level to get a good average buying price. If the bull structure plays well, we can target TP 1 at $4,090 and let the profit run until a new high level for the mother of alts.