#EthereumSurpasses$2500 : BTC, the “big brother,” sneezed once and ETH, the “little brother,” immediately did a U-turn, catching everyone off guard! 🎢 Just yesterday, we were celebrating as it broke past 2.500 USDT; today, looking at the TradingView chart, it’s testing the support zone around 2.336 USD again.
Things are getting intense this time, folks! According to data from Coinglass, if ETH turns around and shoots past 2.565 USD, more than 796 million USD in Short positions will be wiped out. On the other hand, if it slips below 2.336 USD, 657 million USD in Long positions will also go down the drain. The epic battle between the bulls and bears is unfolding right in this purple box! Still, with the green arrow pointing straight up to 2.800 USD in November, faith in Vitalik is alive and well! 🚀
What should traders do? Manage your capital carefully, and don’t get unfairly liquidated during those sudden wicks. This is not financial advice!
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