- ETH hit the $2,400 target after reacting from the previously identified supply
- Two key scenarios: bounce from current demand or drop to $2,250 support
- The 4H trendline could act as a magnet, drawing price into the deeper demand zone
- No move is guaranteed — anticipate, don’t predict blindly
- Patience here might be rewarded more than aggression
In the last Ethereum update, we talked about how ETH was sitting on a supply zone.
From there, we saw only two real outcomes: a sharp reaction up towards $2,800 or a drop straight to $2,400.
Guess what happened? It sliced down cleanly to $2,400, almost like it had an appointment with that level.
That move wasn’t just random noise — it was calculated, a typical liquidity hunt that played out like a script.
ETH grabbed that liquidity left sitting just below the previous lows.
Two Possible Futures For ETH
So now what? Well, there are two potential paths, and both are worth keeping an eye on.
First, the more optimistic scenario — ETH could react from the minor demand zone just below where we are now. Think of a quick, aggressive bounce.
We’ve seen that pattern before, especially after a liquidity sweep like this. It could push the price back up in a hurry, maybe even revisiting that $2,600-$2,700 area if buyers step in with conviction.
But don’t ignore the second possibility — the one that takes a bit more patience (and maybe a stronger stomach).
Zoom out to the 4H chart and you’ll notice something sticky: a trendline forming.
Now, if you’ve been around the markets long enough, you know how trendlines tend to attract price like gravity. Price loves to kiss those lines goodbye.
Below that lies a demand zone around $2,250 — it’s quiet, but it’s there, waiting like a magnet. It wouldn’t surprise me to see ETH make a slow descent into that level before gearing up for a stronger leg up. It’s not the kind of thing that plays out in hours — this is one of those moves that pays off if you’re patient.
Uncertainty Is Part Of The Game
Let’s be real though: we don’t have a crystal ball. Nobody does. And if someone tells you otherwise, run.
The market does what it wants, when it wants. What we can do, however, is study the zones, identify where the liquidity sits, and anticipate where price might want to move next.
That’s all this is — probabilities, not certainties. I’ve laid out the two most probable scenarios. Either price bounces from here (or slightly lower) and rips up impulsively, or it continues its descent to that juicy $2,250 demand before any meaningful upside.
If you’re following ETH closely, now’s the time to stay alert — not necessarily to act, but to prepare. The big moves usually come when most traders are sleeping on the obvious zones.
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