$ETH experienced a long liquidation at $2951.34, showing that bullish leverage was flushed during a pullback from recent highs. This signals short-term weakness and a cooling phase rather than a full trend reversal. After such liquidations, ETH often consolidates while the market rebuilds healthier structure. If $ETH can reclaim the $2960–$3000 zone, buyers may regain control. Failure to do so could keep price range-bound in the near term.
ETHUSDT
Prep
2,967.74
+4.98%