🪙 Most of the liquidity $ETH is currently concentrated above! 📈
​Noteworthy liquidation figures:
• A 10% rise would liquidate $6.3 billion worth of short positions 💥
• A 10% drop would liquidate $3 billion worth of long positions 📉
​My outlook for the next move:
I think we’ll see a strong upward wave (whether supported by $BTC or not), followed by a sharp, rapid drop… By then, sellers’ liquidity will have been completely absorbed. 🎯
​What do you expect from Ethereum’s next moves? Share your thoughts in the comments 👇
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