$ETH is reacting after a sharp rejection from the $3,045 zone, and I’m treating this move as a controlled pullback, not weakness. Liquidity was taken near the highs, buyers failed to hold, and price is now sliding into a familiar demand area where previous accumulation started. This is the kind of reset I wait for.
I’m watching the 1H structure closely. Price moved down aggressively, but the sell candles are now shortening, which tells me momentum is slowing near support. This zone already proved itself before, and that’s why I’m interested here, not higher.
Entry Point
I’m planning my entry