ā” ETH LIQUIDATION ALERT | $73.3K LONG WIPED OUT
š“ Ethereum Long Liquidation: $73.3K @ $2,529.56
ETH bulls just took another hit as a leveraged long position was forced out around $2,529.56. The timing is notable because ETH is currently hovering around the $2,540ā$2,565 support zone, making this area a key battleground.
š Market Read:
The recent sell-off has already triggered heavy long liquidations, so another loss of support could increase downside momentum.
šÆ My Take:
- Above $2,565: rebound attempt becomes more convincing
- Below $2,540: bearish pressure can accelerate
- $2,500: next psychological zone to watch
- $2,446ā$2,424: deeper liquidation-risk area if selling intensifies
š„ Signal Bias: Cautiously bearish below $2,540, but a strong reclaim of $2,565 could flip the short-term setup bullish.
ā ļø Market view, not financial advice. Use risk management.
š“ Ethereum Long Liquidation: $73.3K @ $2,529.56
ETH bulls just took another hit as a leveraged long position was forced out around $2,529.56. The timing is notable because ETH is currently hovering around the $2,540ā$2,565 support zone, making this area a key battleground.
š Market Read:
The recent sell-off has already triggered heavy long liquidations, so another loss of support could increase downside momentum.
šÆ My Take:
- Above $2,565: rebound attempt becomes more convincing
- Below $2,540: bearish pressure can accelerate
- $2,500: next psychological zone to watch
- $2,446ā$2,424: deeper liquidation-risk area if selling intensifies
š„ Signal Bias: Cautiously bearish below $2,540, but a strong reclaim of $2,565 could flip the short-term setup bullish.
ā ļø Market view, not financial advice. Use risk management.