🟢 #ETH Liquidated Short: $53.5K at $2,673.57
ETH just cleared $53.5K in short positions at $2,673.57. The squeeze arrives right around a key decision area, giving buyers a chance to push for another leg higher.
Key Zone: $2,670–$2,680
Breakout Trigger: $2,698–$2,700
Upside Levels: $2,750 → $2,808
Support: $2,660 → $2,530
Current technical data identifies $2,660 as nearby support and $2,698 as the first resistance, with $2,808 as th
e next major resistance zone. A close above $2,698 strengthens the bullish setup, while a move below $2,660 weakens it.
Next Move: ETH needs to reclaim $2,700 decisively. If buyers hold above that level, I’d watch $2,750 first and then $2,808. A breakdown below $2,660 would flip the short-term setup bearish toward $2,530.
Signal View: Bulls have the opportunity — $2.70K is the confirmation level.
Risk: Liquidation activity alone does not guarantee continuation. Use defined risk and avoid excessive leverage.
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel
ETH just cleared $53.5K in short positions at $2,673.57. The squeeze arrives right around a key decision area, giving buyers a chance to push for another leg higher.
Key Zone: $2,670–$2,680
Breakout Trigger: $2,698–$2,700
Upside Levels: $2,750 → $2,808
Support: $2,660 → $2,530
Current technical data identifies $2,660 as nearby support and $2,698 as the first resistance, with $2,808 as th
e next major resistance zone. A close above $2,698 strengthens the bullish setup, while a move below $2,660 weakens it.
Next Move: ETH needs to reclaim $2,700 decisively. If buyers hold above that level, I’d watch $2,750 first and then $2,808. A breakdown below $2,660 would flip the short-term setup bearish toward $2,530.
Signal View: Bulls have the opportunity — $2.70K is the confirmation level.
Risk: Liquidation activity alone does not guarantee continuation. Use defined risk and avoid excessive leverage.
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel