ETHUSDT pair has formed a set of Equal Highs!Currently, the ETHUSDT pair has formed a set of Equal Highs (EQ Highs) on the chart, indicating the presence of potential liquidity resting above that level. At the same time, there’s some price structure visible on the lower side, suggesting that the market may have created liquidity pools both above and below the current price range. This kind of setup often precedes a significant move.
Recently, the market executed what appears to be a 'Turtle Soup' pattern — a common liquidity grab strategy in which price breaks below a key support or above resistance to trap breakout traders, only to quickly reverse and pump in the opposite direction. Following this pattern, ETHUSDT saw a sharp upward movement, indicating that smart money may have manipulated liquidity to fuel this breakout.
Now , patience is essential. The market has created a visible trendline, and typically, such trendlines attract retail traders who treat them as dynamic support or resistance. However, what often happens is that liquidity builds up around these trendlines, and institutional players later push the price through them to trigger stop-losses or induce panic. It’s likely the market will take out (or 'kill') the liquidity lying along that trendline.
After that liquidity sweep, we’re watching for price to move into a marked Fair Value Gap (FVG) — an imbalance left by a strong move where price didn’t fully fill in. Once the price taps into that FVG, we need to wait for additional confirmation. Ideally, we’d like to see a Market Structure Shift (MSS) or a Change of Character (CHoCH), both of which are strong indicators that the trend may be reversing or forming.
Only after those confirmations should we start considering entering a long position. We can further validate the setup using refined models such as the Unicorn Model, or other entry confirmations like a refined FVG entry, a bullish order block (OB), or breaker block. The goal is to enter the trade when there is a high-probability confluence of signals, not just based on a single indicator.
Once a solid entry setup is confirmed, our targets can be the Equal Highs formed earlier, as they represent resting liquidity which price often seeks. However, it’s crucial not to blindly follow the setup. Observe how the market reacts at each critical level, manage risk properly, and most importantly DYOR (Do Your Own Research) before making any trading decision.
