$ETH — panic sell-off followed by strong absorption at the lows.

Long ETH
Entry: 2280 – 2320
SL: 2150
TP: 2550 – 2700 – 2980

$ETH flushed aggressively and swept liquidity below prior lows, reaching a deep local bottom of 2150 during the weekend Capitulation. Sellers failed to get continuation below this critical demand zone.
The bounce back to 2300 was sharp and immediate, showing real bids stepping in rather than a weak reaction.
Price reclaimed the 2250 base quickly, suggesting absorption of the long-squeeze liquidations instead of further distribution.
As long as this range holds and macro pressure from the US shutdown stabilizes, upside continuation remains the higher-probability path.

Unless price loses and accepts below 2150, longs remain favored.

Trade $ETH here 👇

ETHUSDT

Perp

2,143.9

-6.61%