$ETH is holding strong around the $1,600–$1,700 range — a major demand zone where significant buy orders appear to be po--Ayesha-Trade

$ETH is holding strong around the $1,600–$1,700 range — a major demand zone where significant buy orders appear to be positioned.

Selling pressure above remains limited, suggesting downside may be supported by strong market participants. Meanwhile, the upside remains open if momentum returns. 📈

Bears are dominating the conversation, but heavy short positioning could create the conditions for a sharp short squeeze. If clustered stops are triggered, the resulting rebound could be fast and aggressive. 💥

This pullback may not mark the end of the move — it could be the setup for another wave of volatility and potential shakeouts.

Retail fear often becomes liquidity for larger players.

#DailyOrbit

$ETH -USDT

$ETH +0.29% #IranClosesHormuz #SpotETFOutflowsEnd