ETHUSD Bullish SMC Analysis | Demand Zone Holds, 1780 in Focus

Wait 5 sec.

ETHUSD Bullish SMC Analysis | Demand Zone Holds, 1780 in FocusEthereum / U.S. dollarBITSTAMP:ETHUSDIGT_TradersETH has reacted strongly from the 1500–1520 higher-timeframe demand zone, where sell-side liquidity was swept before buyers stepped in aggressively. The subsequent Break of Structure (BOS) confirms that short-term market structure has shifted in favor of the bulls, while the Change of Character (CHoCH) signals a potential trend reversal from bearish to bullish. Price is currently consolidating above the newly established bullish structure, suggesting accumulation before the next expansion. As long as ETH holds above the BOS and CHoCH levels, buyers remain in control and pullbacks can be viewed as potential discount buying opportunities. The first objective is a move toward the 1640–1660 bearish Fair Value Gap (FVG), where price may encounter initial resistance. A successful break and acceptance above this imbalance would strengthen bullish momentum and increase the probability of an impulsive rally into the 1760–1780 higher-timeframe supply zone, which represents the primary upside target. Overall, the Smart Money Concept outlook remains bullish while price continues to respect the demand zone and maintain the newly formed bullish market structure.