ETHUSDT: First a sweep and then the mean?ETHUSDT Perpetual ContractBYBIT:ETHUSDT.PalgoTraderGTPETH is trading around 1,770 after another rejection near 1,85. The range since the June low runs from 1,49 to 1,85, the falling 200-day sits at about 2,22, and the point of control of the whole year sits at 2,065. Price is mid range, and both sides of the map hold fuel. The pools below The 3-month liquidation heatmap shows the densest pools under the June double bottom: one at 1,55 to 1,60 and a deeper one at 1,45 to 1,50. A double bottom that obvious, with that much resting liquidation under it, is the kind of level that tends to get run before a durable turn. The ladder above Above price the map stacks a gap at 1,89 to 1,955, a supply zone at 2,01 to 2,02, and the yearly point of control at 2,065, where the heatmap shows another band. The falling 200-day waits near 2,22 and the largest band of the past six months sits at 2,40 to 2,45. The 2,00 to 2,07 area is the magnet for any recovery. Flows Net volume is still selling across timeframes and the trend reads bearish on every horizon we track. Against that, RSI has been diverging bullishly since the June low, the daily shows short covering, and this week's on-chain flows leaned toward accumulation with ETF inflows. The tape is heavy while the downtrend is tiring, and that mix often resolves with one more flush before the turn. Scenarios and invalidation Mid range at 1,77 is no place to open anything. Bounces into 1,79 to 1,85 with net volume still negative read as fade candidates toward the pools at 1,55 to 1,60. A daily close above 1,955 ends that thesis. A sweep into 1,45 to 1,60 that quickly reclaims 1,61 would be a spring, and the 2,065 confluence becomes the target. Acceptance below 1,45 breaks the demand zone, and the recovery thesis is off. This is analysis, not financial advice.