On the $ETH chart, price has tapped one of the key zones marked by the red dashed liquidity line. This level typically signals a potential take-profit area, especially for those holding long positions.
Another critical zone is the RL level at $1751. If price manages to re enter the range with volume, I’d expect a Po3 structure to play out, aiming for a move above RH.
Looking at ETHBTC on the 4H timeframe, I see a bullish intention forming. As long as risk is properly managed, holding positions could still be valid. And by managing risk, I mean securing profits around these marked zones.
