๐ข #ETH Liquidated Short: $61.6K at $2,676.56
๐ ETH Just Forced Another Batch of Shorts Out!
A $61.6K short liquidation at $2,676.56 shows buyers managed to push leveraged sellers out of their positions. ETHโs derivatives market remains highly active, with roughly $46.7B in 24H futures volume and about $70.9M in futures liquidations recently.
โ๏ธ Key Battle Zone: $2,676โ$2,700
If ETH holds above $2,676.56, buyers could attempt another push toward the $2,700โ$2,720 region. A rejection back below the liquidation level could erase the squeeze and bring short-term selling pressure back into play.
๐ Signal Desk View:
Momentum leans constructive above $2,676.56.
The interesting part is that ETH has liquidation activity on both sides of the market, meaning volatility can accelerate quickly.
๐ฅ $61.6K shorts wiped โ now ETH needs to prove whether this squeeze can turn into a sustained move higher.
#ETH #Ethereum #Crypto #Liquidation #Trading #Binance #CryptoSignals
๐ ETH Just Forced Another Batch of Shorts Out!
A $61.6K short liquidation at $2,676.56 shows buyers managed to push leveraged sellers out of their positions. ETHโs derivatives market remains highly active, with roughly $46.7B in 24H futures volume and about $70.9M in futures liquidations recently.
โ๏ธ Key Battle Zone: $2,676โ$2,700
If ETH holds above $2,676.56, buyers could attempt another push toward the $2,700โ$2,720 region. A rejection back below the liquidation level could erase the squeeze and bring short-term selling pressure back into play.
๐ Signal Desk View:
Momentum leans constructive above $2,676.56.
The interesting part is that ETH has liquidation activity on both sides of the market, meaning volatility can accelerate quickly.
๐ฅ $61.6K shorts wiped โ now ETH needs to prove whether this squeeze can turn into a sustained move higher.
#ETH #Ethereum #Crypto #Liquidation #Trading #Binance #CryptoSignals