ETH Is Not Weak — This Is Smart Money Reloading Before the PUSH

ETH / USD – 1H
1. Market Structure (What Price Is Really Doing)
ETH has returned precisely into the previous range support zone (~2,900–2,930).
The sell-off did not break structure impulsively — instead, price formed compression + shallow lower wicks, signaling sell-side liquidity absorption.
The recent down move is corrective, not a trend reversal:
Lower highs are short-lived
No strong bearish expansion
Buyers step in immediately at range low
➡️ This is range re-accumulation, not distribution.

2. Key Levels
Primary Support (High-Probability Demand): 2,900 – 2,930
Range High / Resistance: 3,050 – 3,080
Upside Liquidity Target: 3,100 – 3,150
As long as ETH holds above 2,900, bullish structure remains intact.

3. Price PatH
Expected Flow:
Minor dip or sweep below 2,920 (liquidity grab)
Sharp reaction back into range
Expansion toward range high
Break above 3,080 → 3,100+
This is a classic “sell the fear, buy the base” setup inside a higher-timeframe range.

4. Macro & Crypto-Specific Tailwinds
Macro Alignment
USD momentum is weakening as markets price Fed easing in 2025.
Risk assets remain supported → ETH benefits disproportionately vs BTC during rotations.
Crypto-Specific
ETH continues to gain from:
ETF narrative speculation
Reduced net issuance (post-merge supply dynamics)
Capital rotation from BTC into ETH during consolidation phases
➡️ Macro does not support sustained downside here.

🧠 Final Takeaway
ETH is not breaking down — it is reloading at the most logical level.

Structure: Neutral → Bullish
Location: Optimal (range low)
Liquidity: Below price already taken
Bias: Upside continuation toward 3,100+

Unless ETH accepts below 2,880, this remains a buy-the-dip environment, not a short-the-rally one.