If you're still chasing breakouts without checking liquidation levels, stop now.
That mistake can turn a good entry into an expensive exit, especially when FOMO traders pile in above resistance and discover the market had other plans.
For $ETH, short-liquidation liquidity is building sharply around 4,676, with dense pockets stretching across 4,712,4,748. The nearest major concentration sits between 4,676 and 4,712, while liquidity gradually thins toward 4,783,4,819.
A clean break above 4,676 could pull price toward 4,712,4,748, but the setup is not the same as simply chasing $BTC or rotating into $SOL . Liquidity can accelerate a move, but it can also become the exit liquidity everyone pretended not to see.
Would you trade the breakout above 4,676, or wait for confirmation around 4,712?
#Ethereum #CryptoTrading #Liquidations
That mistake can turn a good entry into an expensive exit, especially when FOMO traders pile in above resistance and discover the market had other plans.
For $ETH, short-liquidation liquidity is building sharply around 4,676, with dense pockets stretching across 4,712,4,748. The nearest major concentration sits between 4,676 and 4,712, while liquidity gradually thins toward 4,783,4,819.
A clean break above 4,676 could pull price toward 4,712,4,748, but the setup is not the same as simply chasing $BTC or rotating into $SOL . Liquidity can accelerate a move, but it can also become the exit liquidity everyone pretended not to see.
Would you trade the breakout above 4,676, or wait for confirmation around 4,712?
#Ethereum #CryptoTrading #Liquidations
