Is Ethereum setting a trap for long traders? 🚨
An interesting scenario is brewing on the 4-hour chart for ETH: before continuing the upward trend, the market may initiate a liquidity hunt.
Currently, we are seeing a correction that has brought the price into the FVG (Fair Value Gap) zone. There was a pullback from it, and now ETH has entered a short zone of a similar FVG. However, for me, it is less significant, as the global trend remains bullish.
What is concerning? The price has left a "shelf of liquidity" beneath it around 4361 ±, against which entering long is not appealing.
📌 What scenario would I like to see:
— A reversal in the imba zone and a move lower to collect liquidity (stop losses of long traders).
— A parallel entry into the support zone of 4350–4170.
— And from there, a reversal into longs.
If you have a different opinion or support my scenario — drop a + or – in the comments 😉
