$ETH

ETH
ETH
2,502.22
+0.26%

Crypto markets just saw a massive liquidation wave, with Ethereum longs reportedly taking around 6x the hit of Bitcoin longs. 📉

đŸ”» What Happened?
‱ Total liquidations: $1.19B in 24 hours
‱ ETH liquidations: ~$356M
‱ BTC liquidations: ~$298M
‱ More than $1B came from long positions

📊 Key Price Levels to Watch
🟠 BTC: Dropped to ~$80.4K before bouncing toward $82K; $83K is the level to reclaim.
đŸ”” ETH: Trading around $2,490, down over 3%, with $2,400–$2,500 as a key zone to watch.

⚠ Hawkish Fed minutes and headlines surrounding Iran added pressure to the market.

📅 Next Major Catalyst: US CPI — October 14, around 5:30 PM PKT.

💬 My Take: ETH’s leverage may be getting flushed out, but I want to see the $2,400–$2,500 zone hold before trusting a recovery.

Is the liquidation wave over, or is another flush coming? 👇

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#Bitcoin #Ethereum #CryptoLiquidations #BTC #ETH