Guy's $ETH ‌ Quick update ❗❗❗

🔴 First bottom: ~$1,700 zone
Major accumulation area before the big rally started.
🟠 First rejection: ~$4,800 zone
Cycle top where heavy distribution kicked in.
🟡 Mid bounce: ~$2,900–3,100 range
Temporary relief rally before continuation downtrend.
🟢 Current support: ~$1,800–1,900 zone
Strong demand area this level decides bounce or deeper flush.
If this support holds → relief rally possible
If it breaks → next major liquidity sits lower.
ETH
1,915.76
-3.34%