$ETH saw a long liquidation at $2951.34, signaling that leveraged bullish positions were flushed during a pullback from higher levels. This suggests short-term weakness and a momentum reset rather than a full trend reversal. After such liquidations, ETH often consolidates while the market rebuilds structure. If $ETH reclaims the $2960–$3000 zone, buyers could regain control quickly. Failure to do so may keep price ranging in the near term.
ETHUSDT
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2,974.95
+0.21%