- Ethereum has strong liquidity zones near $4,000 and $4,700.
- A correction may test the $4,000–$4,200 range.
- Whale activity could target either level soon.
Ethereum ( ETH ) is showing signs of concentrated liquidity at two key price points—$4,000–$4,200 and $4,600–$4,700. These levels have drawn attention from traders, especially as the crypto market remains volatile and susceptible to sudden moves.
The lower band, between $4,000 and $4,200, may act as a strong support zone if Ethereum experiences a correction. Historically, such liquidity clusters represent areas where large buy orders are placed, which can potentially slow down or reverse a price decline.
On the flip side, the $4,600–$4,700 range serves as a near-term resistance, where sell orders and profit-taking could occur.
Whale Movements Could Determine the Next Direction
Large holders—or “whales”—are known to influence Ethereum’s price action when they place or remove significant orders around these liquidity levels. If whales target the lower range, it might suggest preparation for accumulation, hinting at a bullish reversal after a dip.
Conversely, if upward momentum continues and liquidity at $4,600–$4,700 is taken out, it could signal a breakout rally. These movements are closely watched by analysts, as they often precede large price swings.
With Ethereum’s price hovering between these two clusters, the market is in a wait-and-see mode. Whichever level breaks first may set the tone for Ethereum’s next major move.
What Traders Should Watch
For traders and investors, keeping an eye on the behavior of whales and liquidity near these zones can offer early insights. Whether it’s a dip to $4K or a surge past $4.7K, Ethereum is approaching a decisive moment.