⚡️ $ETH Major bearish signal!! A total of $550 million in 'aunties' will be liquidated, looks like we might see another drop!

​⚠️ Right now, the price is very close to their liquidation level.

If the market slides further from $1,583, it’s bound to explode! The chart is completely bleeding in a heavy downtrend, printing lower lows on the hourly view.

​The sentiment leans towards this trend, reasons:

​US stocks are correcting, and the crypto market usually follows the dip, not the rise.

​Don’t forget there’s also an IPO draining global liquidity.

​'Aunties' have always been volatile, this wave is likely to liquidate them all and push prices down further! 🤫 Stay safe and use strict stop-losses, don't blindly rush into long positions right now.

​What's your move here? 👇

#ETH

ETHUSDT

Perp

1,720.98

+2.28%