$112M in Longs Liquidated in Just 4 Hours — $ETH & $BTC Hit Hard

Over $112M in longs wiped out within hours

$ETH and $BTC took the biggest damage

Overleveraged bulls got trapped at resistance

This wasn’t a trend shift — it was a reset.

The run toward $70K stacked too many longs on one side. The market responded the only way it does… a fast, brutal flush that cleared excess leverage in one sweep.

Now things look different.

$ETH and $BTC are sitting on a much cleaner setup, with leverage reset and less crowding. That’s exactly what you want before the next meaningful move.

Verdict: Stay patient.

No entries until $ETH reclaims key structure and confirms strength.

#ETH #BTC #Liquidations #Crypto #Trading