ETH Faces Long Liquidation Cluster to $1,500 Before Upside Liquidity Builds Up

ETH trades near $1,772 as long liquidation clusters extend to $1,500, while RSI and MACD show weak daily momentum.

Ethereum is trading near $1,772, and traders are watching long-side liquidation levels below the market.

The daily ETH chart shows weak momentum, while liquidity data points toward $1,500.

That zone may become important before upside liquidity attracts new attention from short-term traders. Spot and derivatives desks are also watching.

Long Liquidation Cluster Extends Toward $1,500

Liquidation data shows a long-side cluster reaching down to $1,500. Such clusters can matter when leveraged traders face margin pressure.

They can also increase volatility when price moves through crowded positions.

TedPillows said, “ETH has a long-side liquidation cluster all the way down to $1,500.”

TedPillows added that little downside liquidity may remain after that area. It said upside liquidity could then start looking more attractive.

This view does not confirm a bottom at $1,500, and it does not set a fixed target. It only shows where forced selling could appear during a deeper pullback.

Traders may still wait for confirmation before changing direction. If ETH reaches that zone, traders may then watch higher liquidity levels.

Upside liquidity can draw attention once downside levels thin out. A sharp move can occur when the market moves from one liquidity area to another.

ETH Holds Near Lower Daily Range

Ethereum trades below the $2,229 Fibonacci level on the daily Bitstamp chart. That level now acts as resistance for buyers.

The move below it kept ETH under pressure, and it reduced the strength of recent rebound attempts.

The wider trend remains weak after a fall from highs above $4,500. ETH has made lower highs and lower lows, and analysts still guide the daily structure.

The pattern shows that buyers have not reclaimed control on the daily timeframe. The first support area sits between $1,750 and $1,800.

A close below this range could expose $1,650 and then $1,500. On the upside, $1,900 and $2,000 remain the first barriers for any recovery attempt.

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RSI and MACD Keep Recovery Unconfirmed

The RSI stands near 18.44 on the daily chart, which shows heavy selling pressure. It also places ETH in deeply oversold territory.

Oversold readings can support a relief bounce, but they do not confirm a trend change.

ETH can stay oversold when sellers remain active, and weak closes can extend the decline.

Traders often watch a move back above 30 before judging that momentum has improved.

The MACD remains bearish on the same timeframe. The MACD line stays below the signal line, and the histogram remains negative.  A bullish shift would need the lines to flatten and cross.

For recovery, ETH would need to reclaim $1,900 and $2,000. A stronger move would require a daily close above $2,229.

Above $2,229, resistance appears near $2,500, $3,055, and $3,340. Below $1,750, traders are watching $1,650 and the $1,500 liquidity area.

Ethereum remains tied to leverage, support levels, and momentum signals. The next sessions may show whether sellers clear the downside cluster before buyers return.

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