Ethereum swept range highs after reclaiming POC, with $1,967 FVG retest in focus and $2,100 as next upside target.
Ethereum swept range highs after reclaiming its complete range Point of Control, then reversed sharply.
The move has drawn attention across the crypto market. Traders are now watching whether ETH will revisit the $1,967 level before attempting another push higher.
Ethereum Reclaims POC and Sweeps Range High
Ethereum moved above its complete range POC and briefly traded beyond the established range high.
This action removed a large portion of visible buy-side liquidity. Market data shows that Bitcoin has not yet taken a similar range high.
The sweep occurred after a strong upward move that formed a clear range structure. Once price moved above the high, sellers stepped in.
The rejection followed soon after liquidity above the range was cleared. Analysts note that such moves often occur before a deeper retracement.
The range POC acted as a magnet during the rally. After the sweep, the price failed to hold above the high and rotated lower.
Liquidity Focus Shifts to $1,967 Fair Value Gap
With upside liquidity reduced, attention has shifted to sell-side liquidity below.
Technical traders are monitoring the fair value gap near $1,967. This zone also aligns with prior support and volume interest.
The $1,967 level sits close to the lower end of the recent range structure.
Market participants expect that a revisit could rebalance inefficiencies left during the rally. A controlled pullback into this zone would test demand.
If price reaches this area, traders will watch for high-probability reversal signals.
A confirmed shift in structure could open the path toward the 50% wick fill near $2,100. Until then, the retest remains a key focus.
Related Reading: Ethereum Treasury Firm Dumps 7,550 ETH After Buying Near the Top
Master Pattern in Play as $5.1K Remains Key Level
Some traders describe the current structure as a classic sequence. The pattern consists of a rally, rejection, retest, and continuation.
Similar setups have appeared before major expansion phases in past cycles.
The recent rejection after the range sweep fits this structure. A measured pullback would complete the retest phase.
Market participants are now waiting to see if Ethereum can stabilize above key support.
Beyond the short-term range, attention remains on higher resistance near $5,100.
A clean break above that level would place ETH into price discovery. Until that happens, price action remains within broader resistance.
For now, traders are closely monitoring Friday’s session. The coming move may determine whether Ethereum confirms the retest scenario or extends its consolidation.
Source: https://www.livebitcoinnews.com/ethereum-swept-the-high-is-a-1967-retest-next-for-eth/
