My Next $ETH Plan Price has managed to break out of the current range and get a confirmed close above the highs. However, price is already starting to reverse as spot demand begins to fade. The upcoming weekly close is going to be crucial to see wether price can maintain above this level or loses it again immediately. If price manages to hold above the blue box, a bullish continuation towards $2600 becomes possible. Should we on the other hand close back below the range highs, I would simply view this move as a liquidity sweep and most likely a fakeout. In that case, I’ll look for additional confirmation to enter a swing short, targeting the unswept lows below.