🔴 ETH JUST GOT HIT — $682K LONG LIQUIDATED at $2,592.06
Ethereum has now flushed another major leveraged long position right around the $2.59K area. With ETH trading near the lower end of today’s range, this liquidation adds pressure to an already fragile short-term structure. �
Investing.com +1
📍 Liquidation Zone: $2,592
⚠️ Immediate Support: $2,580–$2,590
🚀 Recovery Trigger: $2,650–$2,700
🎯 Upside if reclaimed: $2,700+
🔻 Risk: A decisive break below $2,580 could open another leg lower.
NEXT MOVE: I’d stay defensive until ETH proves it can reclaim $2,650. A strong recovery above that level would favor a bounce toward $2,700, while failure to hold the $2,580 area keeps sellers in control.
Signal View: BEARISH → WAIT FOR CONFIRMATION
Risk management matters — liquidation events can trigger sharp moves in either direction.
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular #SECApproves3XBitcoinETF #IglooShutsDownAbstractBlockchain #IglooShutsDownAbstractBlockchain
Ethereum has now flushed another major leveraged long position right around the $2.59K area. With ETH trading near the lower end of today’s range, this liquidation adds pressure to an already fragile short-term structure. �
Investing.com +1
📍 Liquidation Zone: $2,592
⚠️ Immediate Support: $2,580–$2,590
🚀 Recovery Trigger: $2,650–$2,700
🎯 Upside if reclaimed: $2,700+
🔻 Risk: A decisive break below $2,580 could open another leg lower.
NEXT MOVE: I’d stay defensive until ETH proves it can reclaim $2,650. A strong recovery above that level would favor a bounce toward $2,700, while failure to hold the $2,580 area keeps sellers in control.
Signal View: BEARISH → WAIT FOR CONFIRMATION
Risk management matters — liquidation events can trigger sharp moves in either direction.
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular #SECApproves3XBitcoinETF #IglooShutsDownAbstractBlockchain #IglooShutsDownAbstractBlockchain