$ETH RECLAIMS $1,700 WITH MASSIVE SHORT LIQUIDATIONS 🔥
Ethereum has broken above the critical $1,700 level with over 3% gains in 24 hours. A whale was forced to close a $54M short position at a $9.39M loss, and total short liquidations have surpassed $79M. MACD signal lines are turning bullish, while RSI sits above 54, reinforcing short-term recovery momentum.
Retail futures activity is heating up around the $1,600–$1,700 zone, suggesting new speculative flow entering the market. Still, a recent 9,876 ETH deposit to a top-tier exchange could add near-term selling pressure. Do you think ETH has the momentum to challenge $2,000 this month?
Not financial advice. Always manage your risk.
#ETH #Ethereum #ShortLiquidation #Momentum #Crypto
🔥
Ethereum has broken above the critical $1,700 level with over 3% gains in 24 hours. A whale was forced to close a $54M short position at a $9.39M loss, and total short liquidations have surpassed $79M. MACD signal lines are turning bullish, while RSI sits above 54, reinforcing short-term recovery momentum.
Retail futures activity is heating up around the $1,600–$1,700 zone, suggesting new speculative flow entering the market. Still, a recent 9,876 ETH deposit to a top-tier exchange could add near-term selling pressure. Do you think ETH has the momentum to challenge $2,000 this month?
Not financial advice. Always manage your risk.
#ETH #Ethereum #ShortLiquidation #Momentum #Crypto
🔥