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$ETH experienced a large short liquidation near $1,942, marking a strong upside sweep that forced aggressive bears out of their positions. This move suggests buyers are stepping in with conviction after absorbing selling pressure. Holding above $1,920–$1,900 keeps the bullish recovery intact, with upside targets at $1,980 and $2,040 where major liquidity pools sit. Any retracement into support is likely to attract dip buyers unless macro momentum fades. A clean loss of $1,900 would shift ETH into consolidation, but current structure favors continuation higher. $ETH #BuyTheDipOrWaitNow?