$ETH saw long liquidations near $3023, which tells you leverage was too confident above $3K. This is a classic shakeout, not a collapse. Immediate support lies at $2960–$2920. As long as ETH holds above $2920, structure remains intact. However, resistance is heavy at $3080–$3120, where rejected longs previously entered.
🎯 Target: $3080 → $3150
🛑 Stop Loss: $2910
If ETH loses $2920 decisively, expect momentum to flip bearish fast. No hero trades here—respect the range.
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