🔴 ETH LONGS HIT AGAIN
$120K in ETH long positions just got liquidated around $2,591.03, adding fresh pressure as ETH trades near a critical support area.
Key Level: $2,590–$2,600
Upside Trigger: Reclaim $2,650
Upside Targets: $2,680 → $2,700
Risk Zone: Below $2,580
Next Move: ETH needs to defend $2,590 decisively. A reclaim above $2,650 would strengthen the case for a relief bounce, while another rejection could expose lower levels.
Signal View: Cautiously bearish below $2,650; bullish momentum only returns with a clean reclaim.
Trade with controlled leverage and defined risk.
Current market data also shows ETH under notable selling pressure, with long liquidations occurring below $2,600. �
coingecko.com +1
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular #SECApproves3XBitcoinETF #WinklevossFilesSpotZcashETFApplication #IglooShutsDownAbstractBlockchain
$120K in ETH long positions just got liquidated around $2,591.03, adding fresh pressure as ETH trades near a critical support area.
Key Level: $2,590–$2,600
Upside Trigger: Reclaim $2,650
Upside Targets: $2,680 → $2,700
Risk Zone: Below $2,580
Next Move: ETH needs to defend $2,590 decisively. A reclaim above $2,650 would strengthen the case for a relief bounce, while another rejection could expose lower levels.
Signal View: Cautiously bearish below $2,650; bullish momentum only returns with a clean reclaim.
Trade with controlled leverage and defined risk.
Current market data also shows ETH under notable selling pressure, with long liquidations occurring below $2,600. �
coingecko.com +1
#BinanceLaunchesBinanceIntelligence #DubaiVARAIssuesReserveAssetAuditCircular #SECApproves3XBitcoinETF #WinklevossFilesSpotZcashETFApplication #IglooShutsDownAbstractBlockchain