🚨 ETH JUST FLIPPED THE PRESSURE
🟢 Short Liquidated: $51.1K
💥 Liquidation Price: $2,696.34
Ethereum is sitting right around the $2.69K area, where the next directional push could become important. Current market analysis shows ETH trading in a relatively tight range, with nearby resistance around $2.73K–$2.80K and support developing around $2.62K–$2.67K.
🎯 My market read:
The liquidation of shorts can add fuel to an upside move, but I’d want to see ETH hold above $2,700 and reclaim $2,730–$2,750 with strength before treating the move as a confirmed breakout.
🔥 Bullish scenario:
$2,730 → $2,775 → $2,825
A sustained break above $2,825 could put $3,000 back into focus.
⚠️ Invalidation / risk zone:
If ETH loses $2,620–$2,660, the bullish structure would weaken and the market could revisit $2,500.
📌 Signal Desk:
Shorts are getting squeezed — now watch the breakout confirmation, not the liquidation headline alone.
#EtherGains70.9%InQ3 #DollarIndexHitsHighestSinceMay2025 #US10YearYieldNears5.3% #USWeeklyJoblessClaimsFallTo197000 #KoreaProposesTokenizingStocksAndBonds
🟢 Short Liquidated: $51.1K
💥 Liquidation Price: $2,696.34
Ethereum is sitting right around the $2.69K area, where the next directional push could become important. Current market analysis shows ETH trading in a relatively tight range, with nearby resistance around $2.73K–$2.80K and support developing around $2.62K–$2.67K.
🎯 My market read:
The liquidation of shorts can add fuel to an upside move, but I’d want to see ETH hold above $2,700 and reclaim $2,730–$2,750 with strength before treating the move as a confirmed breakout.
🔥 Bullish scenario:
$2,730 → $2,775 → $2,825
A sustained break above $2,825 could put $3,000 back into focus.
⚠️ Invalidation / risk zone:
If ETH loses $2,620–$2,660, the bullish structure would weaken and the market could revisit $2,500.
📌 Signal Desk:
Shorts are getting squeezed — now watch the breakout confirmation, not the liquidation headline alone.
#EtherGains70.9%InQ3 #DollarIndexHitsHighestSinceMay2025 #US10YearYieldNears5.3% #USWeeklyJoblessClaimsFallTo197000 #KoreaProposesTokenizingStocksAndBonds