Ethereum was the major asset hit hardest by liquidations today: price 2,350–2,425, Coinbase low 2,313, ETH futures liquidations around 286 million, and open interest at 30 billion—yet its liquidation share is higher than BTC's, despite BTC's 52 billion in open interest. This shows leveraged longs are concentrated and getting rekt.
Key levels:
• Support: 2,313 (today's low) / 2,280 / 2,200
• Resistance: 2,420 / 2,476 (pivot R1) / 2,556 (50-day moving average)
• Structure: Price is below the 50-day moving average, and ETH/BTC keeps weakening = capital is hiding in BTC, not flowing into ETH
• The real issue: It's not that on-chain activity has died; it's a triple hit from “risk appetite + ETF flows + leverage”
The biggest danger with ETH is “buying just because it's fallen a lot.” The real signals are ETH/BTC, gas, the staking queue, and net ETF flows. You can check the latest crypto prices on BiyaPay and put ETH, BTC, SOL, and UNI side by side to see in a second which of DeFi and L1 is holding up and which is catching up on the downside.
Strategy:
• Already holding: Don't sell everything unless 2,313 breaks; if it closes below 2,280, trim further
• Flat: Small position at 2,350–2,380, stop-loss at 2,305
• Bullish confirmation: 4H close above 2,476 + volume returns; watch 2,556
• Avoid: Chasing at 2,420 or panic-selling at 2,300
ETH's medium-term outlook depends on L2 + stablecoins + staking, but in the short term it first has to get through the “CPI liquidation day.” Bitcoin isn't guaranteed to hold 80k; ETH could head to 2,280 first.
Key levels:
• Support: 2,313 (today's low) / 2,280 / 2,200
• Resistance: 2,420 / 2,476 (pivot R1) / 2,556 (50-day moving average)
• Structure: Price is below the 50-day moving average, and ETH/BTC keeps weakening = capital is hiding in BTC, not flowing into ETH
• The real issue: It's not that on-chain activity has died; it's a triple hit from “risk appetite + ETF flows + leverage”
The biggest danger with ETH is “buying just because it's fallen a lot.” The real signals are ETH/BTC, gas, the staking queue, and net ETF flows. You can check the latest crypto prices on BiyaPay and put ETH, BTC, SOL, and UNI side by side to see in a second which of DeFi and L1 is holding up and which is catching up on the downside.
Strategy:
• Already holding: Don't sell everything unless 2,313 breaks; if it closes below 2,280, trim further
• Flat: Small position at 2,350–2,380, stop-loss at 2,305
• Bullish confirmation: 4H close above 2,476 + volume returns; watch 2,556
• Avoid: Chasing at 2,420 or panic-selling at 2,300
ETH's medium-term outlook depends on L2 + stablecoins + staking, but in the short term it first has to get through the “CPI liquidation day.” Bitcoin isn't guaranteed to hold 80k; ETH could head to 2,280 first.