Everyone sees consolidation. I see positioning

87
ETH is holding just above a key fib cluster, showing signs of controlled distribution, not weakness. Smart Money doesn’t chase — they build positions while the crowd second-guesses.

The Structure:
Current Price: ~2,419

Local High (Premium): 2,482.09

Fib Retracements:

0.236 → 2,394.72 (mild correction)

0.382 → 2,340.68 (initial re-entry zone)

0.5 → 2,296.99 (ideal discount)

0.618 → 2,253.31 (deep entry, high confluence)

0.786 → 2,191.11 (structure last line)

Key Zones:

FVG already filled during the move up — imbalance mitigated

Order block (OB) at 2,191.11: high-probability reaction zone

Strategy Outlook:
Scenario A (Shallow pullback):
ETH tests 2,394 → 2,340, then continues the push to 2,482
→ Aggressive buyers step in early

Scenario B (Deeper sweep):
A drop to 2,296 → 2,253 opens the door for reaccumulation
→ Classic Smart Money trap before the next rally

Invalidation:
A break below 2,191 (and OB failure) kills this bullish narrative

Execution Logic:
Accumulation Zones:

Light: 2,340–2,296

Strong: 2,253–2,191 (discount reload)

Target:

2,482

Extension optional if momentum builds above recent highs

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