🔴 LONG LIQUIDATED: $198K
💵 Liquidation Price: $2,713.57
A sizeable $198K long has been wiped at $2,713.57, showing how quickly leverage can reverse around ETH’s recent resistance zone.
📊 THE SETUP
⚠️ $2,713–$2,720 → immediate battle zone
🧱 $2,680–$2,700 → first area bulls need to defend
🚨 $2,650 → deeper support to monitor
📈 $2,720+ reclaim → potential momentum recovery
ETH recently pushed up to around $2,715 before giving back ground, while daily data shows the market trading inside a volatile $2,653–$2,695 range on Sept. 29.
🎯 NEXT-MOVE SCENARIO
If ETH stabilizes around $2,680–$2,700 and retakes $2,715–$2,720, buyers could attempt another push higher.
However, continued rejection near $2,713–$2,720 followed by a break below $2,680 would keep downside pressure active and put $2,650 back in focus.
🔥 TRADER'S TAKE:
This liquidation is a warning about leverage getting cleared, not automatic confirmation of a bearish trend. Interestingly, broader ETH liquidation data has also shown substantial short-side activity recently, so both sides are being exposed to sharp squeezes.
⚠️ Watch the reaction, not just the liquidation print. Confirmation around $2.7K matters more than chasing a fast move.
ETH just knocked out the late longs. Now $2.7K becomes the battlefield — reclaim it and momentum can rebuild; lose it and the flush may have another chapter. ⚔️📉
Market commentary, not financial advice.
💵 Liquidation Price: $2,713.57
A sizeable $198K long has been wiped at $2,713.57, showing how quickly leverage can reverse around ETH’s recent resistance zone.
📊 THE SETUP
⚠️ $2,713–$2,720 → immediate battle zone
🧱 $2,680–$2,700 → first area bulls need to defend
🚨 $2,650 → deeper support to monitor
📈 $2,720+ reclaim → potential momentum recovery
ETH recently pushed up to around $2,715 before giving back ground, while daily data shows the market trading inside a volatile $2,653–$2,695 range on Sept. 29.
🎯 NEXT-MOVE SCENARIO
If ETH stabilizes around $2,680–$2,700 and retakes $2,715–$2,720, buyers could attempt another push higher.
However, continued rejection near $2,713–$2,720 followed by a break below $2,680 would keep downside pressure active and put $2,650 back in focus.
🔥 TRADER'S TAKE:
This liquidation is a warning about leverage getting cleared, not automatic confirmation of a bearish trend. Interestingly, broader ETH liquidation data has also shown substantial short-side activity recently, so both sides are being exposed to sharp squeezes.
⚠️ Watch the reaction, not just the liquidation print. Confirmation around $2.7K matters more than chasing a fast move.
ETH just knocked out the late longs. Now $2.7K becomes the battlefield — reclaim it and momentum can rebuild; lose it and the flush may have another chapter. ⚔️📉
Market commentary, not financial advice.