$ETH wiped out shorts around $2973.69, meaning bears tried to fade the move and got punished. When Ethereum liquidates shorts at a key level and holds above it, continuation is usually the next chapter. The market is clearly rewarding patience on the long side.
EP: $2950 – $2985
TP: $3035 / $3110 / $3250
SL: $2875
ETHUSDT
Perp
2,817.56
-6.66%