🚨 Ethereum is facing a massive shock right now! ETH holders, take a look!
Ethereum dominated the latest crypto liquidation wave, with reports of around $283 million worth of ETH positions liquidated in 24 hours! 🔥
📉 ETH fell to the $2,350–$2,370 range after higher-than-expected U.S. inflation sparked risk aversion.
⚠️ Most liquidations involved leveraged long positions, showing how quickly bullish bets can collapse when support weakens.
👀 What happens next?
• Buyers need to reclaim resistance and revive buying momentum.
• Sellers could push prices lower if selling pressure continues.
• Sharp volatility could trigger another wave of cascading liquidations.
💬 What do you think: will ETH recover, or is another drop on the horizon?
Please follow
#EtherTook60%OfCryptoLiquidations
$ETH
Ethereum dominated the latest crypto liquidation wave, with reports of around $283 million worth of ETH positions liquidated in 24 hours! 🔥
📉 ETH fell to the $2,350–$2,370 range after higher-than-expected U.S. inflation sparked risk aversion.
⚠️ Most liquidations involved leveraged long positions, showing how quickly bullish bets can collapse when support weakens.
👀 What happens next?
• Buyers need to reclaim resistance and revive buying momentum.
• Sellers could push prices lower if selling pressure continues.
• Sharp volatility could trigger another wave of cascading liquidations.
💬 What do you think: will ETH recover, or is another drop on the horizon?
Please follow
#EtherTook60%OfCryptoLiquidations
$ETH