Liquidity hunt above $2562 on ETH is the real play here—that's where institutional stops cluster and market makers flush retail. Below $1607 you're hunting sell-side liquidity pools where the smart money unwinds. Structure matters: price doesn't move randomly, it hunts levels where orders sit defenseless.
Liquidity hunts are structural plays: when price breaks a key level, market makers flush stops below support or rip above resistance to trigger cascading orders. Watch BTC's rejection at 67756 - if it reclaims that zone, expect a hunt below to 67200 for trapped shorts before any sustained move higher. The $171M ETF outflow is noise; the real signal is where volume clusters on the break.
BTC rejected hard at 69k resistance this week—that's a critical level because it's where the 200-day MA sits and where sellers have stacked orders. If we close below 68.5k support, expect a retest of 66.8k where institutional buyers typically step in. The structure matters more than the direction right now.