🔴 #ETH Leverage Flush Continues: $195K Longs Erased at $2601.63 ⚡
Ethereum bulls are facing another pressure test as $195K in long positions were liquidated near $2601.63. This move highlights a strong wave of forced selling, showing that overleveraged buyers were unable to defend their entries. Liquidation events often accelerate volatility by removing crowded positions from the market. �
CoinGlass
📊 Market Structure Update:
ETH is currently showing signs of a heavy leverage cleanup. Multiple long liquidations around the same zone suggest buyers are being challenged, but these shakeouts can also create a healthier setup by clearing weak hands before the next directional move. �
Alpha Finance
🎯 ETH Next Move Prediction:
🟢 Bullish Setup: A strong reclaim above $2610–$2635 could attract fresh buyers and potentially trigger a recovery bounce.
🔴 Risk Zone: If ETH fails to hold the $2600 area, sellers may attempt another liquidity sweep toward lower support levels.
🔥 My Trading View:
This liquidation wave looks like a battle for control, not a confirmed trend breakdown. Bulls need a quick reaction here — a strong bounce after this flush would show demand is still active, while continued rejection could keep bears in command.
⚠️ Signal Provider Note: Liquidations show where traders are trapped, but the real opportunity comes from confirmation. Watch volume, structure, and key levels before taking a position.
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