[[{„value”:”
Prominent market analyst Ted Pillows has highlighted the immediate key price levels in the Ethereum market using data on liquidity heatmap. This analysis follows a turbulent price display over the past week during which Ethereum prices fell by 1.64%.

Ethereum Traders Brace For Potential Sweep Before Reversal 
In an X post on November 1, Pillows shares data from Coinglass on the Ethereum liquidity heatmap, identifying significant resting liquidity on both sides of the current price action.
Notably, the upper band, which lies between $3,900 and $4,200, represents a heavy concentration of limit orders as many traders are positioning themselves for potential selling activity once ETH revisits this area. Therefore, this price range acts as a major resistance zone critical for market bulls to reclaim in any potential push for a sustained uptrend.
On the downside, there is also a notable liquidity cluster around $3,750 acting as a potential magnet for price and a key support ar

Czytaj więcej

We współpracy z: https://www.newsbtc.com/news/ethereum/ethereum-stuck-in-tight-price-range-levels-to-watch/