ETH — Signs of Strength

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ETH — Signs of StrengthEthereum / TetherUSBINANCE:ETHUSDTsupplyanddemandtradingEthereum has printed a lower low at point B, but quickly reclaimed the low of A — another sign of strength despite overall market weakness. From a Wyckoff perspective, the elevated volatility around A may indicate a Selling Climax (SC), where panic selling was actively absorbed. The lower low at B followed by a sharp recovery fits the structure of a Terminal Shakeout, which reduces the floating supply before a potential Mark-Up phase. Price is currently interacting with the descending R-line. A breakout above this level may signal the start of a bullish impulse. What I expect next: — Potential bullish breakout above the R-line — Formation of a local uptrend within the channel — Move toward the 3,350–3,450 resistance zone, where the mid-term trendline is located (marked as Target) — Possible confirmation of a shift toward a more bullish market tone heading into the new week