$ETH printed a notable long liquidation near $2,068.82, signaling a downside liquidity grab that flushed overleveraged buyers and tested a major support band. The $2,020–$2,060 zone now acts as critical demand where buyers historically defend aggressively. Holding above this region keeps recovery scenarios active with upside targets at $2,120 and $2,180 where prior resistance formed. Long liquidation sweeps of this size often precede stabilization or relief rallies if selling pressure diminishes. A breakdown below $2,020 would expose ETH to deeper downside toward $1,950 before meaningful recovery. Overall structure suggests cautious bounce potential. $ETH ‌