šØ Alarm Bells Ring for
$ETH !
ETH is stuck at the $2,929 lifeline, and beneath it lies a $1B liquidation powder keg. The market is frozen ā what happens next could be explosive.
Lately, ETH feels like itās on a seesaw ā no clear up, no clear down. Anxiety is high, volume is low, and everyone is waiting for the first move. Letās break it down clearly.
---
š£ Key Liquidity Zones (Coinglass Data)
Below $2,800 ā Over $1.02B in long liquidations waiting
š One spark, and it could trigger a sharp liquidation cascade.
Above $3,000 ā Around $843M in short liquidations
š A breakout here could squeeze bears hard and fuel a violent rally.
Simply put:
ā¬ļø $2,800 = Bullsā danger zone
ā¬ļø $3,000 = Bearsā danger zone
Price is trapped in the middle ā both sides are hesitant, afraid to press the other sideās ānuclear button.ā
---
š Technical Snapshot (4H Chart)
Resistance stacked above:
$3,015 (rebound cap)
$3,100 (major pressure)
ā Without strong volume, breaking through is unlikely.
Bearish signals:
MACD below zero, still in a death cross
Volume shrinking ā market indecision
Supports below:
$2,880 (near-term)
$2,700 (major secondary support)
Indicators are near oversold, meaning a sharp drop could attract fast rebound bids.
---
š§ How to Trade This Zone
Control risk: This is a powder keg ā donāt go all-in.
Watch the levels:
Lose $2,880 with volume ā risk of a flush toward $2,800
Break $3,000ā3,015 ā shorts may get squeezed
Always use SL & TP: No seatbelt = no trade.
---
š My View
News + technicals are saying the same thing:
ETH is at a critical crossroads. Bears have short-term control, but strong support and oversold conditions mean a rebound can happen anytime. This isnāt a one-way market ā itās a high-risk, high-volatility decision zone.
Stay calm, stay disciplined.
Opportunities always exist ā timing and risk control decide who survives.
$ETH #Crypto #Marketstructure #USData