#ETHUSDT SHORT SIGNALS 🚥 | PURPLEWHALE on Binance Square

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#ETHUSDT  SHORT SIGNALS 🚥  

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#ONDO‬⁩ Wyckoff Accumulation Pattern Forms on ONDO Chart According to market analyst Osemka, ONDO’s daily chart has been closely tracking the Wyckoff Accumulation model — a well-known structure that signals a potential shift from a bearish phase to a new bullish cycle. Over the past few months, ONDO has been moving through the classic Wyckoff phases, and the October 10 crash appears to have marked the Spring Phase, with the token dropping to a low of $0.58. This zone acted as a final shakeout before buyers began to re-enter the market. What’s Next for ONDO? If ONDO can successfully break out of its ongoing test phase, the next move would likely form the Last Point of Support (LPS) — a key step in the Wyckoff model that often precedes a sustained uptrend. A decisive break above $0.87 would be an early signal that bullish momentum is taking over. Once confirmed, ONDO could aim for a potential upside target near $1.60, aligning with previous resistance zones and volume-based projections.

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🤔Covid crash: $1.2 Billion in liquidations FTX crash: $1.6 Billion in liquidations Today: $19.16 Billion in liquidations This is Biggest liquidation event in history of crypto and almost 20x bigger than the Covid crash of March 2020.

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#ERG Falling Wedge Pattern in Play On the daily chart, ERG appears to be forming a falling wedge pattern — a classic technical structure that often indicates selling exhaustion and signals that a bullish reversal may be approaching. The recent correction drove ERG down to the wedge’s lower boundary near $0.60, which has so far acted as a solid support zone for buyers to step in. From there, the token has managed to bounce toward $0.64, showing early resilience even as broader market sentiment remains cautious. What’s Next for ERG? ERG is now showing the first signs of a bullish reversal setup, but before making a decisive breakout, the token could continue to consolidate within its narrow trading range for a while. If buyers show renewed interest at current levels, a rebound from the wedge’s lower boundary could lead to a bullish breakout above the upper resistance trendline. In that case, the next potential upside targets lie near the 50-day moving average (MA) at $0.7806 and the 200-day MA at $0.8556 — both critical levels that could determine whether the token regains full bullish momentum.

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$19B Crypto Liquidation According to live data from #Coinglass , the total 24-hour liquidation volume surged to a record-breaking $19 billion, marking the largest single-day liquidation event in crypto history. Out of the total, approximately $16.85 billion came from long positions, as overleveraged traders were wiped out during the rapid sell-off. Short positions, meanwhile, accounted for just $2.51 billion, showing how severely bullish traders were caught off guard by the unexpected market collapse. Traders Facing Massive Losses The human impact of this crash is equally staggering. According to #Lookonchain , at least four major traders on the #Hyperliquid suffered catastrophic losses, each losing over $10 million in a matter of hours. 0x1a67 lost $18.73 million – account completely wiped out 0x1d52 lost $16.43 million, with only $140 remaining 0x0a07 lost $15.69 million, leaving just $104 in the account 0xb2ca lost $13.72 million – total liquidation.

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#XLM Retesting Falling Wedge Breakout On the daily chart, XLM has been consolidating within a falling wedge pattern for several weeks — a classic bullish reversal setup that often signals a potential upside breakout once momentum shifts. During this consolidation, XLM found solid buying support around the $0.3444 zone, where bulls began accumulating. This steady accumulation pushed the token higher, eventually triggering a breakout above the wedge’s resistance near $0.3837, indicating a shift in the overall market structure from bearish to bullish. Following the breakout, XLM rallied to a local high of $0.4140, where short-term profit-taking led to a mild correction. The token is now retesting the breakout area near $0.38, which aligns closely with the former resistance trendline — a level that typically acts as new support after a confirmed breakout.

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