$ETH LONG LIQUIDATION ALERT!
$37,955 liquidated at $2,946.34
Bears are gaining control!
Aggressive long positions were wiped out, signaling strong downward pressure in the market.
🔹 Key Levels to Watch:
Support: $2,930–$2,940
Resistance on Rebound: $2,960–$2,970
$ETH Market Insight:
A large-scale long liquidation like this often triggers heightened volatility and can accelerate bearish momentum.
Traders should watch for stabilization or further downside risk before considering new long entries.
Trading Tip:
$ETH Manage positions carefully—capitulation can cause rapid swings.
Volume and price action will confirm if the downtrend continues or if a rebound is possible.

ETHUSDT
Perp
3,213.93
-0.61%
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