ETHUSD - (LOCAL TREND): Bull Trap or Breakout — 1750 vs 2660?Ethereum all time history indexINDEX:ETHUSDOpenYourMind1318Price has been in an accumulation phase for a long time, and everything below $2000 remains a highly attractive zone. The recent move up can be seen as a breakout from the range followed by a bull trap. This kind of move is often used to take liquidity — in this case, a large number of short positions were wiped out. Now it makes sense to expect a move for liquidity on the long side. The market always moves toward where stops are concentrated. At the moment, price has returned to the accumulation range and broken the upper boundary, which keeps the local bullish scenario valid. This remains intact as long as price holds within the inverted triangle structure. If price drops below the defined zone, the likely scenario is a move down to collect liquidity around the $1750 level. However, if the triangle structure holds and price successfully breaks and consolidates higher, the upside target becomes $2660 — based on the height of the triangle. This move would also likely fill the CME gap