$ETH THE NEXT MOVE COULD TEST BOTH SIDES!
Ethereum recorded an $11.9K short liquidation at $2,767.24, suggesting that bearish traders were caught during an upward move. The bigger question is whether ETH can sustain buying pressure after that squeeze. Support to watch: $2,730–$2,760. Resistance: $2,790–$2,820. 🎯 Upside targets: $2,820, $2,860, and $2,900 if buyers reclaim resistance with convincing volume. Next move: A clean breakout above $2,790 would strengthen the bullish case, while a failure to hold support could lead to another pullback. Pro tip: Monitor BTC direction and ETH trading volume together; a short squeeze without follow-through can reverse quickly.
#BitcoinHashrateHitsSevenMonthHigh #BinancePick #EarningsSeason #InterpolAfricaOperationArrests1462
Ethereum recorded an $11.9K short liquidation at $2,767.24, suggesting that bearish traders were caught during an upward move. The bigger question is whether ETH can sustain buying pressure after that squeeze. Support to watch: $2,730–$2,760. Resistance: $2,790–$2,820. 🎯 Upside targets: $2,820, $2,860, and $2,900 if buyers reclaim resistance with convincing volume. Next move: A clean breakout above $2,790 would strengthen the bullish case, while a failure to hold support could lead to another pullback. Pro tip: Monitor BTC direction and ETH trading volume together; a short squeeze without follow-through can reverse quickly.
#BitcoinHashrateHitsSevenMonthHigh #BinancePick #EarningsSeason #InterpolAfricaOperationArrests1462