$ETH – Massive Long Liquidation

Ethereum felt the heat with $53.426K in long positions liquidated at $2,923.94. ETH is anchored by major support at $2,900–$3,000, while deeper support lies around $2,700 if panic sets in. Resistance is stacked at $3,300–$3,450 and psychological levels around $3,500. The next bullish target could push ETH to $3,500–$3,800, while a breakdown below $2,900 may drag it toward $2,700. Ethereum’s action today shows how quickly sentiment can flip in a highly liquid, large-cap market.