Ethereum’s $1,967 Gambit: Win or Lose?

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Ethereum swept range highs after reclaiming POC, with $1,967 FVG retest in focus and $2,100 as next upside target.

Ethereum, ever the showoff, swept past its range highs like it was cleaning up after a party. Traders, ever the patient bunch, are now holding their breath, wondering if ETH will take a nostalgic trip back to $1,967 before attempting another upward jaunt.

The move has drawn attention across the crypto market. Traders are now watching whether ETH will revisit the $1,967 level before attempting another push higher. It’s like watching a toddler try to climb a staircase-entertaining, but you’re pretty sure they’ll fall.

Ethereum Reclaims POC and Sweeps Range High

Ethereum moved above its complete range POC and briefly traded beyond the established range high. This action removed a large portion of visible buy-side liquidity. Market data shows that Bitcoin has not yet taken a similar range high. Perhaps it’s still figuring out how to dress for the occasion.

The sweep occurred after a strong upward move that formed a clear range structure. Once price moved above the high, sellers stepped in. The rejection followed soon after liquidity above the range was cleared. Analysts note that such moves often occur before a deeper retracement. Because nothing says “I’m helpful” like predicting a crash.

The range POC acted as a magnet during the rally. After the sweep, the price failed to hold above the high and rotated lower. It’s like a romantic comedy where the protagonist always chooses the wrong person.

Liquidity Focus Shifts to $1,967 Fair Value Gap

With upside liquidity reduced, attention has shifted to sell-side liquidity below. Technical traders are monitoring the fair value gap near $1,967. This zone also aligns with prior support and volume interest. A mysterious place where traders whisper prayers to the market gods.

The $1,967 level sits close to the lower end of the recent range structure. Market participants expect that a revisit could rebalance inefficiencies left during the rally. A controlled pullback into this zone would test demand. Or, as I like to call it, “the market’s version of a reality check.”

Reclaims complete range POC and dumps.

Ethereum already gained the complete range POC and swept the rangehigh. Something that BTC didn’t do yet. Perhaps it’s still in a slump, mourning the loss of its former glory.

This means that most upward liquidity is taken, and a retest to pick up sell-side liquidity is logical. For longs, it would be…

– Lennaert Snyder (@LennaertSnyder)

If price reaches this area, traders will watch for high-probability reversal signals. A confirmed shift in structure could open the path toward the 50% wick fill near $2,100. Until then, the retest remains a key focus. Because nothing says “excitement” like waiting for a market to decide its next move.

Related Reading: Ethereum Treasury Firm Dumps 7,550 ETH After Buying Near the Top

Master Pattern in Play as $5.1K Remains Key Level

Some traders describe the current structure as a classic sequence. The pattern consists of a rally, rejection, retest, and continuation. It’s like the market’s version of a broken record, playing the same old tune.

Similar setups have appeared before major expansion phases in past cycles. Because nothing says “I’m a trend” like repeating the same mistakes.

ETHEREUM IS REPLAYING A CLASSIC MASTER PATTERN.

Major rally. Rejection. Retest. Reload

This exact sequence has launched some of the biggest moves in market history.

$5.1K is the final gate.

Break it clean…

and ETH enters price discovery mode

Don’t sleep on the quiet…

– Merlijn The Trader (@MerlijnTrader)

The recent rejection after the range sweep fits this structure. A measured pullback would complete the retest phase. Market participants are now waiting to see if Ethereum can stabilize above key support. Or if it’s just another day of pretending to be brave.

Beyond the short-term range, attention remains on higher resistance near $5,100. A clean break above that level would place ETH into price discovery. Until that happens, price action remains within broader resistance. Because nothing says “I’m a mystery” like a price that refuses to commit.

For now, traders are closely monitoring Friday’s session. The coming move may determine whether Ethereum confirms the retest scenario or extends its consolidation. Or, as I like to call it, “the market’s version of a game of chicken.”

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2026-02-27 23:37