🚨 ETH Crashes Below $4,200! $495M Liquidated in 24h 🧨
$ETH 🟣 dropped to $4,173, down 6.8% in 24h, as trading volume surged 📈 and liquidations accelerated ⚡. Market shows early signs of fear 😨 while short-term technicals weaken.
📊 Market Overview:
• Price range (7d): $4,206 - $4,659
• Weekly change: -10%, 30d: -12%
• 24h volume: $32.5B (+124%) 💰
• Derivatives volume: $93.8B (+183%), open interest: $60.2B (-5.2%)
• Liquidations: $495M wiped out 🧨 (mostly longs $478M)
📉 Technical Snapshot:
• Price below 20-day MA, momentum & MACD in sell territory
• RSI near 40, approaching oversold 🚦
• Support: $4,160-$4,150, next $3,800
• Resistance: $4,400-$4,500, breakout → $4,700
💡 Summary:
$ETH faces short-term bearish pressure due to whale selling & liquidations, but structural catalysts remain. Watch $4,160–$4,150 for potential accumulation before rebound 🔄
#etherreum #CryptoPatience #Liquidations WhiteBIT Chart (5D):
$ETH