$ETH just triggered a long liquidation wave at $2941.63, which tells us over-leveraged buyers were trapped at the top of a local rally.
This type of flush usually resets funding and creates a cleaner base for the next expansion.
Price is now stabilizing instead of free-falling, a sign that strong hands are stepping in.
If ETH defends the post-liquidation support zone, this becomes a recovery continuation setup rather than a breakdown.
EP: $2910 – $2950
TP: $3030 → $3180 → $3360
SL: $2840
ETHUSDT
Διην.
2,255.94
-1.61%