A TradingView analyst known as IGT_Traders has flagged a short-term bullish setup for Ethereum (ETHUSD), pointing to buyers holding the $1,670–$1,690 demand zone after a sell-side liquidity sweep. The pattern targets upside levels of $1,750, $1,800, and $1,850 — though the call is explicitly a tactical trade, not a broad market reversal signal.
The setup in detail
IGT_Traders identified the demand zone after Ethereum swept liquidity on the sell side, then bounced. The bullish structure is built on the formation of higher lows on shorter timeframes, suggesting buyers are gradually gaining control over near-term price action. The setup is invalidated on a strong one-hour close below $1,690, which would indicate sellers have retaken the initiative.
What to watch
The first real test sits at the $1,735–$1,755 resistance area. A clean break above that band would strengthen the bullish continuation case and open the path toward $1,800 and eventually $1,850. If sellers defend that zone and push price back under $1,690, the setup is dead.
Not a reversal call
IGT_Traders stressed this is a short-term technical setup, not a call that the broader trend has flipped. That distinction matters — the higher-lows pattern is encouraging for day traders and swing traders, but it doesn't yet signal a structural shift in ETH's market posture. The next few sessions will determine whether buyers have enough conviction to clear $1,735–$1,755.
