ethertook60percentofcryptoliquidations

ETH under 2400 again and honestly the chart just looks tired.
CPI came in hot, yields jumped, and roughly $294M in ETH got liquidated in a day. like 90% of that was longs. so the guys who “bought the dip” at 2500 are basically the ones paying for this move.
what im watching:
2355ish. the 100 day EMA sits right there too. if that goes on a daily close i dont see much stopping a trip to 2200.
on the upside i only start caring again above 2500 (50 EMA around 2498).
personally not touching longs here. flat and waiting. if i had to trade it id keep the SL tight under 2340, not some 10% stop and pray. nfa, just how im playing it.
also kinda funny that rate hike odds went from 22% to 35% off one print and everyone’s acting shocked lol
so where’s your SL right now? or are you running no stop loss and vibes 😅
$ETH

#EthereumDropsBelow $2400 #ethertook60percentofcryptoliquidations #CPIWatch

🚨 ETHEREUM UNDER PRESSURE! CAN $ETH HOLD THE $2,318 SUPPORT? 📉

🔴 Ethereum is facing bearish pressure after dropping below the important $2,400 level. Sellers appear to be in control, and the next move could be crucial for ETH traders.

📊 Key Levels to Watch: 💰 Current Price: Around $2,370
🛡️ Key Support: $2,318
🚧 Resistance: $2,400

🔻 Bearish Scenario: If ETH breaks below $2,318, further downside pressure could follow.

🟢 Bullish Scenario: If buyers push ETH back above $2,400, it could signal a potential recovery.

👀 My Take: The $2,318 support level is worth watching closely. A confirmed breakout or breakdown could determine Ethereum's next move. Keep an eye on trading volume and price action before making any decisions.

⚠️ Stay alert, manage your risk, and avoid rushing into trades!

🔥 What do you think? Will ETH bounce back or fall further? 👇

#Ethereum #ETH #CryptoMarket #EthereumPriceUpdate #ethertook60percentofcryptoliquidations