$ETH — Longs liquidated $69.683K @ $3186.82
Bias: Bearish near-term, watch macro
Entry zone: Short below $3195 / wait for rejection under $3250. Prefer short on confirmed lower high.
Stop-loss: ~2.5–3% above entry (ETH moves quickly).
Targets (TG):
TG1: $3000 — psychological / first major support.
TG2: $2800 — deeper correction zone.
TG3: $2450 — macro reset if BTC weakness continues.
Market insights: Heavy long liquidations at $3.187k mean leveraged longs were squeezed; ETH’s path often follows BTC but with its own catalysts (merge-era staking flows, major on-chain activity). Watch options expiries for pain points.
Next move: If ETH holds above $3050 with low vols, open small long. If BTC rolls over, increase short conviction.
ETH
3,090
-4.67%