Sharp move ⚡ ETHUSDT just shook both bulls and bears!

On the 1H timeframe, Ethereum delivered a classic panic-to-balance move that traders should study closely 📊. After facing rejection near $2,195, ETH saw aggressive selling that pushed price all the way down to $1,736 — a clear liquidity grab that wiped out over-leveraged positions 💥.

But the story didn’t end there 👀

From the lows, ETH bounced strongly and reclaimed the $2,000+ zone, showing that buyers are still active at discounted prices 💪. Right now, price is hovering around $2,090, moving sideways as the market decides its next direction.

Key Market Insights 🔍

Trend: Short-term recovery, but overall structure still cautious

Major support: $1,980 – $1,950 🛡️

Strong resistance: $2,120 – $2,160 🚧

RSI (6): Around 42, signaling neutral momentum — no extreme conditions ⚖️

Volume: Cooling down after the impulse move, hinting at consolidation ⏸️

What should traders watch? 👇

🔹 A clean break and hold above $2,120 could open the door for a push toward $2,180–$2,200 🚀

🔹 Failure to hold $1,980 may invite another downside test

🔹 Chop zone likely until volume expands — patience is key 🧠

Smart trader reminder 📘

Sharp dumps followed by slow recoveries often trap emotional traders. Selling fear ❌ and chasing green candles ❌ usually ends badly. The edge lies in levels, confirmation, and strict risk management — not predictions.

⚠️ Not financial advice. Always trade with a plan and stop-loss.

What’s your view on ETH from here?

Long 🟢 or Short 🔴? Drop your bias below 👇🔥