$ETH ETHUSD 1H: Range Breakout & Liquidity Sweep Reclaim (Long Setup)
1. Market Context
On the 1H chart, ETH/USDT has been consolidating inside a wide horizontal range bounded between 2,370.00 and 2,530.00 for over two weeks. After sweeping liquidity down to the 2,439.75 support floor, price is aggressively pushing back up to test and break out above the range resistance ceiling at 2,526.97.
2. Sentiment & House Trap Analysis
Where Traders Place Orders: Retail traders seeing the upper resistance boundary holding repeatedly around 2,526.97 – 2,540.00 opened SELL positions, expecting ETH to reje