$ETH ETH at $2,285.29 +1.20% after tagging $2,295.56 24h high. No. 2 blue chip printing higher lows above all MAs with volume building on green candles. The tape: Price is ABOVE all MAs: MA5 $2,282.65, MA10 $2,271.50, MA20 $2,264.90 = clean bullish stack, MA5 crossed MA10/MA20 4 candles ago = golden cross on 2h V-bottom + consolidation: Based at $2,232.01 under all MAs, then ripped +2.8% to $2,295.56 wick. Last 4 candles chopping $2,275-$2,295 = bull flag forming Current 2h candle is green at $2,285.29, just above MA5 $2,282.65. Small body with tight range = accumulation, not distribution Volume profile: VOL 12.42k ETH on latest green. Prior breakout candle had bigger volume. Current volume drying up on consolidation = healthy coiling 24h high $2,295.56 = 0.45% above. 24h low $2,246.52 = 1.70% below. We’re 0.45% under 24h high, upper range 24h vol 72.93K ETH, 165.74M USDT = blue chip liquidity. $165M turnover = institutional books, $100K market order = 0.06% candle Alert banner: "In the past 24 hours, the entire network has liquidated..." = shorts got squeezed on the move to $2,295.56 Timeframe note: This is 2h on ETH. Major Layer 1 + MA stack + bull flag = continuation risk. $2,295-$2,300 is next supply zone