$ETH 1-Week Liquidation Heatmap đ„*
Let's decode the ETH liquidation map:
Current Price is hovering around *$2,680 - $2,710*
*Upside Liquidity:*
Heavy concentration (Yellow/Green zones) at *$2,740 and $2,765-$2,770*. This is where a lot of Shorts will get liquidated. Markets love to hunt this liquidity.
*Downside Liquidity:*
Strong cluster at *$2,650 - $2,660* where Longs are stacked. We already saw a sweep near $2,635 and a bounce from there.
*My Take:*
ETH is currently trapped between two liquidity pools.
If $2,710 breaks, a quick move towards *$2,740 - $2,770 short squeeze* is very possible.
If $2,650 breaks down, we could see fast long liquidations.
Market makers always go for liquidity. Right now, the upside liquidity looks more attractive.
What do you think - Will ETH grab the upside first or downside?
#ETH #Ethereum #LiquidationMap #ETHUSDT #CryptoTrading
_NFA - For educational purposes only._
Let's decode the ETH liquidation map:
Current Price is hovering around *$2,680 - $2,710*
*Upside Liquidity:*
Heavy concentration (Yellow/Green zones) at *$2,740 and $2,765-$2,770*. This is where a lot of Shorts will get liquidated. Markets love to hunt this liquidity.
*Downside Liquidity:*
Strong cluster at *$2,650 - $2,660* where Longs are stacked. We already saw a sweep near $2,635 and a bounce from there.
*My Take:*
ETH is currently trapped between two liquidity pools.
If $2,710 breaks, a quick move towards *$2,740 - $2,770 short squeeze* is very possible.
If $2,650 breaks down, we could see fast long liquidations.
Market makers always go for liquidity. Right now, the upside liquidity looks more attractive.
What do you think - Will ETH grab the upside first or downside?
#ETH #Ethereum #LiquidationMap #ETHUSDT #CryptoTrading
_NFA - For educational purposes only._
