🟣 Ethereum $ETH Market Update (SMC Concept)
Ethereum is currently trading around $2,080 after bouncing strongly from the $1,920 liquidity zone. Similar to BTC, ETH also shows signs of bullish structure formation.
🔎 SMC Analysis
• Price swept liquidity near $1,920 before the rally.
• Market structure is shifting bullish with higher highs forming.
• Next liquidity sits around $2,100 – $2,150 supply zone.
🎯 Trade Setup
Long Setup
Entry: $2,040 – $2,060
Stop Loss: $1,990
Targets:
TP1: $2,100
TP2: $2,140
TP3: $2,180
If ETH holds above the $2,040 demand zone, the market could continue toward the liquidity above $2,150.
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