ETH Near $1,500-$1,700 Demand Zone: Liquidity Sweep Before Reversal?

Ethereum has dropped sharply from highs above $4,800, and the weekly chart now places ETH close to one of the most significant demand zones in its recent history. Trading near $2,100, the asset is entering territory where high-timeframe structure tends to define major turning points. The current setup points to a possible liquidity sweep below the $1,500-$1,700 range before any meaningful recovery takes shape.

ETH Approaches the $1,500-$1,700 High-Timeframe Demand Zone

The weekly chart shows ETH trending lower toward a demand zone between $1,500 and $1,700, where price previously consolidated before a strong upward expansion. According to analysis by Kamran Asghar, this zone could serve as a key reaction point in the broader market structure. Historical behavior at similar levels suggests that a brief dip below support to collect liquidity often precedes a directional reversal, a pattern documented inETH Holds $3,100 Support but Risks Sweep Below $3,000.

Repeating Cycle: How ETH Behaves Near Structural Support

Ethereum has a track record of reacting strongly from high-timeframe demand zones after extended pullbacks. The $2,100-$2,400 area was already flagged as critical inETH Tests Critical $2.1K-$2.4K Support as Weakness Shows, where price entered a decisive support region following the decline. Further context from Ethereum Price Holds $2,000 Support as Bull Cycle Roadmap Shows Key Accumulation Zoneconfirms that such zones have historically acted as accumulation areas before larger moves.

The broader structure reflects a repeating cycle of expansion and correction. With ETH now nearing the $1,500-$1,700 demand zone, the setup highlights a potential inflection point. If demand holds at this level, price action could transition from the current corrective phase into a new directional move. How the market behaves around this zone in the coming weeks will likely determine whether Ethereum enters a fresh accumulation phase or faces further downside pressure.

ETH-1.46%
此頁面可能包含第三方內容,僅供參考(非陳述或保證),不應被視為 Gate 認可其觀點表述,也不得被視為財務或專業建議。詳見聲明
  • 打賞
  • 留言
  • 轉發
  • 分享
留言
請輸入留言內容
請輸入留言內容
暫無留言