🚨 ETH JUST TOOK A $794K LEVERAGE HIT! 🚨

🔴 LONG LIQUIDATED: $794,000
📍 Liquidation Price: $2,689.04

That’s a sizeable long flush right around a critical ETH price zone. Current market data has ETH near $2.70K, with today’s range stretching roughly from $2,691 to $2,723.

⚔️ THE $2,690 BATTLE

This liquidation puts the spotlight directly on $2,690–$2,700.

🟢 Hold $2,690 → buyers can attempt a recovery
🚀 Reclaim $2,720–$2,725 → bullish momentum strengthens
🎯 Next upside zone: $2,750–$2,780
🔻 Break below $2,690 → $2,650–$2,630 becomes the downside watch zone

🧠 PRO DESK VERDICT

I wouldn't blindly short ETH after this liquidation.

A $794K long wipeout can remove weak leverage and potentially set the stage for a bounce. But ETH needs to prove that buyers are actually stepping back in.

My setup:

🔥 Above $2,725 → BULLISH continuation bias
⚠️ $2,690–$2,725 → WAIT & WATCH
🔻 Below $2,690 → BEARISH pressure increases

📌 Key level: $2,690

If bulls defend it, this flush could become fuel for the next rebound. If sellers crack it, expect another round of leveraged positions to get tested.

ETH is at a decision point — the next candle could reveal who controls the battlefield. ⚡

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