🚨 ETH LEVERAGE ALERT — LONGS GET FLUSHED
🔴 #ETH Liquidated Long: $136K at $2,679.26
A $136K long liquidation has hit ETH around $2,679, showing that leveraged buyers are getting squeezed as Ethereum battles for control near the $2.7K zone.
📊 Market Read
💥 Liquidation level: $2,679.26
🔻 Position wiped: Long
💰 Value: $136K
🧱 Immediate support: $2,675–$2,690
🚧 Resistance: $2,730–$2,780
🎯 Major breakout zone: $2,800
ETH remains in a constructive recovery structure, but derivatives positioning is creating a two-sided liquidation risk. Current market analysis also points to strong overhead liquidity around $2.78K–$2.80K, while the $2.61K–$2.63K region becomes important if buyers lose control. �
CryptoPotato +1
🔥 MY TAKE:
If ETH holds $2,675–$2,690, this liquidation could become a shakeout before another attempt higher. A clean reclaim of $2,730 would strengthen the bullish setup, with $2,780–$2,800 the next battlefield.
⚠️ But if ETH loses $2,650, momentum could deteriorate quickly and expose the $2,610–$2,630 liquidity pocket.
Bias: 🟢 Cautiously Bullish above $2,675
Break $2,800 → 🚀 continuation potential
Lose $2,650 → 🔻 downside risk increases
Not financial advice. Manage leverage and risk carefully.

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