$ETH just lost $2,000 for the first time since August. Leverage did the rest.
Early Friday in Asia, the dollar held near its strongest level since April 2025, Nvidia's leadership shock was still weighing on tech, and reports of renewed Middle East escalation hit risk appetite. Traders link the crypto drop to that mix.
Then the dominoes: more than $1.3B in crypto futures liquidated in 24 hours (CoinGlass), almost all longs. Analysts describe it as a leverage flush once $70K broke.
The move on Binance (14:18 ICT): $ETH $1,944 (-5.1%, 24h low $1,896). $BTC $69,093 (-6.0%, 24h low $67,568).
US producer price data is due later today. Are you buying this flush, or waiting for the dust to settle?
Early Friday in Asia, the dollar held near its strongest level since April 2025, Nvidia's leadership shock was still weighing on tech, and reports of renewed Middle East escalation hit risk appetite. Traders link the crypto drop to that mix.
Then the dominoes: more than $1.3B in crypto futures liquidated in 24 hours (CoinGlass), almost all longs. Analysts describe it as a leverage flush once $70K broke.
The move on Binance (14:18 ICT): $ETH $1,944 (-5.1%, 24h low $1,896). $BTC $69,093 (-6.0%, 24h low $67,568).
US producer price data is due later today. Are you buying this flush, or waiting for the dust to settle?
