ETH Major Long Wipeout! ⚠️
A hefty $109,000 long position has just been liquidated at $3,760.62 — another heavy blow to bullish traders caught in this volatile correction.
This liquidation came as Ethereum failed to sustain above short-term resistance, triggering a domino effect across leveraged positions. The sell pressure intensified as funding rates turned negative, hinting that whales are resetting the market before the next move.
📊 Market Breakdown
Support zone: $3,720 – $3,750
Resistance ahead: $3,810 – $3,850
Trend tone: Short-term bearish, but oversold conditions emerging on lower timeframes.
🔮 Analyst Outlook
If ETH manages to hold above $3,730, we could see a technical rebound toward $3,820+.
However, a clean break below $3,700 might open the door to a deeper retracement near $3,640 before buyers step back in.
This is the whale’s accumulation zone — fast hands get shaken out before the next leg.
Stay calm, read the charts, not the noise. 🧠📉
A hefty $109,000 long position has just been liquidated at $3,760.62 — another heavy blow to bullish traders caught in this volatile correction.
This liquidation came as Ethereum failed to sustain above short-term resistance, triggering a domino effect across leveraged positions. The sell pressure intensified as funding rates turned negative, hinting that whales are resetting the market before the next move.
📊 Market Breakdown
Support zone: $3,720 – $3,750
Resistance ahead: $3,810 – $3,850
Trend tone: Short-term bearish, but oversold conditions emerging on lower timeframes.
🔮 Analyst Outlook
If ETH manages to hold above $3,730, we could see a technical rebound toward $3,820+.
However, a clean break below $3,700 might open the door to a deeper retracement near $3,640 before buyers step back in.
This is the whale’s accumulation zone — fast hands get shaken out before the next leg.
Stay calm, read the charts, not the noise. 🧠📉