ETH - Liquidity Sweep in ProgressEthereum / TetherUSBINANCE:ETHUSDTVIAQUANTBased on the scenario I laid out for Bitcoin yesterday, I thought it would be appropriate to lay out what that could likely mean for ETH. If you have not seen my idea for Bitcoin yesterday, review it here: ETH Is Already on the Move What is interesting about ETH is that it is already in the process of sweeping the upside liquidity above the May range highs. I predicted this would likely be the case, with a local high forming between $2,480 and $2,530, in this idea: As of the time of writing, this is still very much in play, as many of the 4H candles have continued respecting those trendlines as resistance. Click play on this chart to see exactly what I am referring to: I want to be clear that I still expect ETH to top out in the short term soon and reclaim back within the main range. However, in this idea I want to focus specifically on where ETH would likely go if Bitcoin begins pumping into the $82,000 to $85,000 zone. The Upside Targets Currently, I am watching a few key upside targets for ETH in that scenario. The first level sits between $2,620 and $2,630. This was the wick low of support back in November 2025, which could now act as new resistance. The second level is right around $2,700, which has acted as a heavily traded level with plenty of confluence surrounding that region. Next is the 0.618 target from the macro trend, which aligns with the $2,820 to $2,850 zone. This is likely the primary target for ETH to reach if BTC is able to push into the mid $80s. Another factor is price already deviated 17% to the downside once the main range was broken so a 17% deviation to the upside would put price in line with this 0.618 target. Finally, I have also outlined the 1.618 extension of the micro trend from the May swing high to the June swing low. This coincides with another important price region between $3,030 and $3,080. What Determines How High ETH Goes If BTC is able to pull off this upside liquidity sweep during the Jackson Hole Symposium, these are the targets to watch for where ETH's local high could form during that same move. How far ETH actually travels will depend heavily on how ETH/BTC behaves during that period. If ETH/BTC trends back into the new demand region as Bitcoin takes the spotlight during the pump, the move to the upside for ETH would likely be more muted. But if ETH/BTC is able to push back toward the 0.618 level instead, ETH would have the relative strength needed to reach the higher end of these targets. You can follow my ETH/BTC chart here to track that dynamic in real time: In addition to that, ETH is still holding above the 70 (overbought conditions) on the daily RSI. This could also be a sign that trend momentum is being sustained and could push higher for one more upside move.