Altcoins News
By Steven Anderson
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Fibonacci Cluster at $1.82K–$1.9K Holds the Key. The 4-hour chart fills in the details. ETH fell hard below $2K, crashed into the lower demand…
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Liquidity Between $1.7K and $1.8K Could Spark a Short Squeeze. Here's where it gets interesting. Market sentiment data shows significant liquidity sitting…
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Ethereum can't catch a break. After slipping below a key support level, ETH has drifted deeper into a wide trading range — and the sellers aren't done yet.
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The daily chart pretty much tells the whole story. Ethereum is range-bound, caught between upper resistance spanning $1.75K to $1.85K and a lower demand zone sitting between $1.
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The 4-hour chart fills in the details. ETH fell hard below $2K, crashed into the lower demand zone, and has since staged what looks like a corrective bounce.
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That cluster isn't just one level. It's three stacked together: the 0.618 retracement sits at $1.82K, the 0.702 level lands at $1.86K, and the 0.786 retracement caps out at $1.9K.
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Here's where it gets interesting. Market sentiment data shows significant liquidity sitting between $1.7K and $1.8K, and that zone lines up neatly with the 0.
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That confluence could attract Ethereum's price and trigger a short-term squeeze, pushing it toward the higher Fibonacci levels near $1.86K to $1.9K.
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The broader bearish trend won't flip unless Ethereum actually clears that major resistance cluster — not just touches it. That's the hard part.
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See also: Ethereum Traders Watch ETH/USDT Pair as Key Support Level Wobbles
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Sellers have been in control since the breakdown below $1.8K. That level was significant. Losing it drove ETH into the lower trading range and shifted the market structure in a…
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What makes the current setup tricky is the layering of pressure. The descending trendline overhead. The declining moving averages. The Fibonacci supply cluster.
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For now, the $1.5K support is doing its job. Buyers are defending it. But the market's broader structure keeps any optimism in check. A hold at $1.
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Traders are keeping their eyes on two things: whether the liquidity between $1.7K and $1.8K pulls price higher in the short term, and whether any resulting rally has enough force…
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See also: Bitwise Sees Bitcoin as Early Warning Sign for Global Risk-Off Shift
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