$ETH Long Liquidation: $4.9694K at $3000.83
Long traders were caught as ETH failed to hold the psychological $3K level. Buyers expected continuation, but selling pressure increased sharply, forcing a clean liquidation below support. Liquidity was taken fast, showing weakness in short-term structure.
Entry (EP): $3035.00
Take Profit (TP): $2920.00
Stop Loss (SL): $3095.00
Market Outlook:
$ETH remains under short-term pressure after losing a key level. If price stays below $3K, further downside or choppy consolidation is likely. Bulls need a strong reclaim with volume to regain control. Trade patiently and protect capital.
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