ETH | Long Idea
📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
Ethereum is approaching all-time highs, fueled by a $1B single-day ETF inflow. Additionally, rumors of potential SEC approval for Ethereum staking policy could directly boost ETH’s utility — strengthening the long bias.
📈 Technical Analysis
Price is climbing steadily after sweeping LTF liquidity.
Retracements have been shallow due to strong momentum and market hype.
All-time highs are now clearly an institutional / smart money target.
📌 Game Plan
Watch for a sweep of 1H swing lows / equal lows at $4,605 followed by a bullish rejection.
Alternatively, 12H FVG at $4,561 could be taken before rejection — both liquidity runs are valid watchpoints.
🎯 Setup Trigger
Look for a 1H break of structure after liquidity grabs at the mentioned levels.
📋 Trade Management
Stoploss: 1H swing low that confirms the break of structure.
Target: Direct move towards all-time highs at $4,868.
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📊 Market Sentiment
Overall sentiment remains bullish, supported by expectations of a 0.25% rate cut in the upcoming FOMC meeting. A weakening USD and increasing global risk appetite are creating favorable conditions for further upside in crypto assets.
Ethereum is approaching all-time highs, fueled by a $1B single-day ETF inflow. Additionally, rumors of potential SEC approval for Ethereum staking policy could directly boost ETH’s utility — strengthening the long bias.
📈 Technical Analysis
Price is climbing steadily after sweeping LTF liquidity.
Retracements have been shallow due to strong momentum and market hype.
All-time highs are now clearly an institutional / smart money target.
📌 Game Plan
Watch for a sweep of 1H swing lows / equal lows at $4,605 followed by a bullish rejection.
Alternatively, 12H FVG at $4,561 could be taken before rejection — both liquidity runs are valid watchpoints.
🎯 Setup Trigger
Look for a 1H break of structure after liquidity grabs at the mentioned levels.
📋 Trade Management
Stoploss: 1H swing low that confirms the break of structure.
Target: Direct move towards all-time highs at $4,868.
💬 Like, follow, and comment if you find this setup valuable!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.