$ETH Long Liquidation: $10,732 Obliterated at $1788.63
I’m seeing a full-blown liquidation event — $10.7K in longs wiped out at $1788.63. Bulls didn’t just lose — they got erased.
What happened:
ETH took a sharp dive. Leverage-heavy longs couldn’t handle it. The breakdown cut deep, triggering a wave of forced liquidations in rapid succession.
Key Takeaways:
Support failed — structure got broken.
Leverage punished — overexposure leads to exits.
Market reset — clearing the field for the next move.
Why it matters:
This is more than a dip. It’s a structural flush. Could spark a bounce if real demand steps in. But if support doesn’t hold up soon, we might be staring into deeper downside.
Final Word:
I’m staying sharp. ETH just entered high-risk territory. Bulls just got tested — and many didn’t survive. This is where discipline decides who stays in the game.
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