- ETH broke above $3,000 for the first time in 5+ months, aiming next for the $3.2K daily supply zone
- Liquidity sits below $2,900—price could sweep this before making a new push upward
- As always, structure matters—but Ethereum’s moves remain unpredictable, especially near key psychological levels
ETH just did it. After more than five months stuck below that psychological wall, Ethereum finally broke above $3,000. That breakout isn’t just technical—it’s psychological. Everyone was watching it.
But now that we’re above it, things get trickier.
A Quick Look at the Daily Supply Above
Let’s keep this simple.
On the daily timeframe, ETH is marching toward a clear supply zone sitting around $3,200. And this isn’t just any supply. There’s imbalance here too—a gap left behind when price moved aggressively in the past.
Markets don’t usually like to leave things open like that forever. So the chance ETH tags that level before any retracement? Pretty high.
But Hold Up—H4 Says There’s Liquid to Grab First
Here’s where things get interesting. While the daily screams “let’s go higher,” H4 whispers something else. Zooming in, we can clearly see a pocket of liquidity resting just under the $2,900 mark.
And honestly, price loves to grab those orders before continuing a move. So I wouldn’t be surprised if Ethereum dips back below $2,900 briefly—just enough to wipe early longs—before shooting back up to $3,200.
I’ve seen this kind of move a dozen times.
Price rallies, people FOMO in, price dips, stop losses get taken, and then the real push happens. It’s like clockwork. Doesn’t mean it’ll play out exactly like that here—but it wouldn’t shock me either.
Short-Term Outlook: Watch That Liquidity
If you’re planning to enter long now, timing is key. Jumping in blindly at $3,050 might not be the smartest play. Waiting for that potential liquidity sweep could offer a much better entry. The structure is there.
The imbalance is there. The trap potential is there. And ETH, like any asset, often follows the same rhythm: Accumulation, Manipulation, Distribution.
It’s Not All About Technicals—Let’s Be Real
Now look, we’re talking technicals here, but this market is emotional too. Macro sentiment, BTC direction, sudden news—any of these can flip the narrative in minutes.
ETH is still following Bitcoin to a degree, and if BTC sneezes, ETH could catch a cold. So even if the setup is perfect on paper, nothing is ever guaranteed.
Final Thoughts on Ethereum Price Prediction
So, where does that leave us?
In short, ETH looks strong right now. The break above $3K is a big win for bulls, and $3.2K looks like a reasonable ethereum price prediction in the short term. But don’t ignore that juicy liquidity pool sitting at $2,900.
The market might want to clear that up before it makes its next leg higher. If you’re trading this, don’t just look up—look down too. The market likes to shake weak hands before rewarding patient ones.
