🔴 #ETH Liquidated Long: $226K at $2,657.60
ETH just wiped out a hefty $226K in long positions at $2,657.60. The flush puts short-term pressure on bulls, but ETH is still sitting near a major technical decision point.
Key Support: $2,660
Breakdown Level: $2,630–$2,660
Reclaim Trigger: $2,698
Upside Levels: $2,750 → $2,808
Current technical data shows $2,660 as the nearest support and $2,698 as the first major resistance. A close above $2,698 strengthens the bullish structure, while losing $2,660 weakens it toward $2,530.
Next Move: ETH needs to reclaim $2,698. Above that level, the next push targets $2,750 and then $2,808. If $2,660 breaks decisively, expect sellers to take control and $2,530 becomes the key downside zone.
Signal View: $2,698 is the trigger. Until ETH reclaims it, treat the liquidation as a warning rather than a confirmed reversal.
Risk: Liquidation data alone is not a trade signal. Use defined risk and controlled leverage.
Remove unsupported technical claims
Make the post more concise
Vary the repeated price levels
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel
ETH just wiped out a hefty $226K in long positions at $2,657.60. The flush puts short-term pressure on bulls, but ETH is still sitting near a major technical decision point.
Key Support: $2,660
Breakdown Level: $2,630–$2,660
Reclaim Trigger: $2,698
Upside Levels: $2,750 → $2,808
Current technical data shows $2,660 as the nearest support and $2,698 as the first major resistance. A close above $2,698 strengthens the bullish structure, while losing $2,660 weakens it toward $2,530.
Next Move: ETH needs to reclaim $2,698. Above that level, the next push targets $2,750 and then $2,808. If $2,660 breaks decisively, expect sellers to take control and $2,530 becomes the key downside zone.
Signal View: $2,698 is the trigger. Until ETH reclaims it, treat the liquidation as a warning rather than a confirmed reversal.
Risk: Liquidation data alone is not a trade signal. Use defined risk and controlled leverage.
Remove unsupported technical claims
Make the post more concise
Vary the repeated price levels
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel