Ethereum (ETH) has accumulated over $270 million in limit orders as traders position themselves ahead of the Non-Farm Payrolls (NFP) data release. Currently, sell orders total $140 million, focusing on the $2,075–$2,090 range, while buy orders amount to $139 million, targeting the $2,040–$2,020 range. ETH briefly dipped below $2,060, with nearly equal long and short positions from major players, indicating a balanced market sentiment. Open interest has seen a slight uptick, suggesting that capital is quietly accumulating. This setup presents a risk of a short-term price decline as liquidity below current levels may be tested. Traders are advised to monitor whether significant buy orders are executed following the NFP release.