This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$ETH just delivered a powerful impulsive bounce from the $1,880–$1,900 demand zone.
Structure has been reclaimed. Intraday momentum has shifted bullish. Buyers clearly defended the zone with strength.
Now price is approaching the critical $2,100–$2,170 heavy supply area, where previous selling pressure emerged.
This is the decision point.
A clean breakout and sustained hold above this region opens the door for continuation higher.
A rejection here likely confirms this move as a relief bounce within a broader range.
Ethereum is at a key inflection level. The reaction here will define the next leg. bus