🔴 #ETH Liquidated Long: $298K at $2,661.36
ETH just flushed a serious $298K in long positions at $2,661.36. The liquidation hits right around the current support area, making the next reaction especially important.
Key Zone: $2,660
Recovery Trigger: $2,698
Upside Path: $2,750 → $2,808
Risk Level: $2,650
Next Move: If ETH holds the $2,660 area and reclaims $2,698, the bullish recovery setup strengthens, with $2,750 and potentially $2,808 coming into focus. If ETH loses $2,660 decisively, the setup weakens and $2,530 becomes the next major support zone. Current technical data also identifies $2,660 as first support and $2,698 as first resistance.
Signal View: $298K in longs getting wiped makes $2,660 the level to watch. Hold and reclaim $2,698 for upside confirmation; lose $2,660 and stay defensive.
Risk: Liquidation data is not a standalone trade signal. Use defined risk and controlled leverage.
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel
ETH just flushed a serious $298K in long positions at $2,661.36. The liquidation hits right around the current support area, making the next reaction especially important.
Key Zone: $2,660
Recovery Trigger: $2,698
Upside Path: $2,750 → $2,808
Risk Level: $2,650
Next Move: If ETH holds the $2,660 area and reclaims $2,698, the bullish recovery setup strengthens, with $2,750 and potentially $2,808 coming into focus. If ETH loses $2,660 decisively, the setup weakens and $2,530 becomes the next major support zone. Current technical data also identifies $2,660 as first support and $2,698 as first resistance.
Signal View: $298K in longs getting wiped makes $2,660 the level to watch. Hold and reclaim $2,698 for upside confirmation; lose $2,660 and stay defensive.
Risk: Liquidation data is not a standalone trade signal. Use defined risk and controlled leverage.
#CerebrasSinksNearly20%OnReportNvidiaToPowerOpenAI #SECProposesCryptoCustodyRules #AnchorageReportedlyCuts17%Workforce #USStocksCloseHigherOnWeakJobsData #G7PlansToReleaseUpTo100MBarrelsOilDiesel