#ETHdropsbelow2400usdt 📉 Ethereum ($ETH ) is currently experiencing intense volatility, fallen below the critical 2,400 USDT benchmark, shedding more than 2%! The market is now sitting at a high-leverage crossroads, where a sharp move in either direction threatens massive localized squeeze events. According to derivative tracking platform Coinglass, the market is heavily packed with leveraged positions on both sides, making the current zone highly volatile. Coinglass reports that if ETH reverses and climbs above 2.537 USD, the Short side could get wiped out for 862 million USD. On the other hand, if it drops below 2.296 USD, the Long side could lose 475 million USD too. ⁉️ What should traders do? Sit tight and buckle up. If your side is about to get burned, better get your armor ready! ⚠️ 👀 Also keep your eyes on $AGT and $ICNT