ETH erased downside inefficiencies on the weekly chart. This cleared the path for cleaner upside conditions. The filled FVG near $2,880 created the first major reaction zone. Price bounced at that level earlier, and traders monitored strength as the retracement continued.
The next key zone sits near the bullish order block at $2,622. This aligns with the 0.5 Fibonacci level at $2,662. The region has a history of attracting demand in past cycles. The deeper bullish order block at $2,256 rests near the 0.618 Fibonacci level at $2,577. Many analysts described this zone as an elite accumulation pocket for long-term buyers.
ETH now trades between these levels, and traders wait for confirmation of a stronger reaction.