⚡ ETH JUST PUNCHED THROUGH ANOTHER SHORT
🟢 #ETH Short Liquidated: $63.7K
📍 Liquidation Price: $2,659.20
A $63.7K leveraged short has been forced out at $2,659.20, showing that sellers are still getting squeezed even while ETH remains under broader intraday pressure.
📊 Market pulse: ETH is trading around $2,649–$2,657, down roughly 2%+ over 24h. Futures activity remains substantial, with approximately $30B in 24h futures volume, $34B open interest, and about $54.3M in ETH futures liquidations over the same period.
🔥 The key battle now: ETH's Sept. 28 range has stretched from roughly $2,638.52 to $2,702.45, so the market is clearly volatile around this zone.
🎯 NEXT MOVE ON RADAR
🟢 $2,635–$2,650 → immediate support/reaction zone
⚡ $2,660–$2,675 → reclaim zone
🚀 Above $2,700 → stronger upside momentum
🔴 Below $2,635 → downside pressure could expand
Trading view: The short liquidation gives ETH a potential squeeze catalyst, but it doesn't confirm a reversal by itself. If ETH can hold the lower $2.6K area and reclaim $2,675–$2,700, the squeeze could continue. Failure to hold support would keep the market vulnerable to another flush.
💥 $63.7K short erased. Now the question is whether ETH can turn forced selling into sustained upside momentum.
#ETH #Ethereum #ETHUSDT #CryptoTrading #Liquidation #ShortSqueeze #FuturesTrading #CryptoSignalsMarket commentary only — leveraged trading can amplify both gains and losses.
🟢 #ETH Short Liquidated: $63.7K
📍 Liquidation Price: $2,659.20
A $63.7K leveraged short has been forced out at $2,659.20, showing that sellers are still getting squeezed even while ETH remains under broader intraday pressure.
📊 Market pulse: ETH is trading around $2,649–$2,657, down roughly 2%+ over 24h. Futures activity remains substantial, with approximately $30B in 24h futures volume, $34B open interest, and about $54.3M in ETH futures liquidations over the same period.
🔥 The key battle now: ETH's Sept. 28 range has stretched from roughly $2,638.52 to $2,702.45, so the market is clearly volatile around this zone.
🎯 NEXT MOVE ON RADAR
🟢 $2,635–$2,650 → immediate support/reaction zone
⚡ $2,660–$2,675 → reclaim zone
🚀 Above $2,700 → stronger upside momentum
🔴 Below $2,635 → downside pressure could expand
Trading view: The short liquidation gives ETH a potential squeeze catalyst, but it doesn't confirm a reversal by itself. If ETH can hold the lower $2.6K area and reclaim $2,675–$2,700, the squeeze could continue. Failure to hold support would keep the market vulnerable to another flush.
💥 $63.7K short erased. Now the question is whether ETH can turn forced selling into sustained upside momentum.
#ETH #Ethereum #ETHUSDT #CryptoTrading #Liquidation #ShortSqueeze #FuturesTrading #CryptoSignalsMarket commentary only — leveraged trading can amplify both gains and losses.