ETH Daily: Tracking S&D Reaction and the Deeper QML Setup

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Hi!

Price is currently pulling back toward a key Supply & Demand zone, where a short-term bullish reaction is still possible. This level acted as resistance previously and now lines up as a logical retest area after the recent drop.

However, the broader structure suggests that even if we do see a bounce here, it may only form a temporary correction before the price reaches deeper liquidity. The QML zone below remains the major point of interest.

A sweep into that QML area would fill remaining inefficiencies and tap into the stronger demand needed for a more convincing reversal. From there, the chart opens the possibility for a larger bullish leg heading into 2026.

In short:
Watching for a short-term reaction at S&D
Still expecting a deeper move into QML
That zone holds the higher-probability long setup

This scenario remains valid as long as the structure continues to unwind toward the lower liquidity pool.

[EmTeam]

ETH liquidity levels aligning perfectly with QML zone — nice confluence.

[alex10]

Patience at QML always pays — entry timing is everything here.