MASSIVE $ETH LONG LIQUIDATION – $1.51M WIPED OUT at $1,845.08!

Ethereum just saw a brutal long liquidation, with a staggering $1.51M getting wiped out at $1,845.08! This signals a major shakeout—is this just a temporary dip, or are we heading for deeper losses?

What Caused This Liquidation?

Sharp Price Drop & Stop-Loss Cascades:

A sudden $ETH price dip likely triggered leveraged positions to get forcefully closed.

Once liquidations started, cascading stop-losses may have added to the selling pressure.

Whale Manipulation?

Large players might have intentionally pushed the price lower to liquidate overleveraged traders.

If whales start buying back at lower levels, a strong rebound could follow.

Technical Breakdown?

If $ETH failed to hold $1,850, it could lead to further downside.

Key next support zones: $1,825 and $1,800.

Market Sentiment Weakening?

Traders may be fearful of a deeper correction, causing further sell-offs.

If ETH remains weak, more liquidations could follow, intensifying the drop.

What’s Next for Ethereum?

✅ Potential Recovery Signs:

If ETH holds above $1,845, we could see a bounce toward $1,870+.

Increasing buying volume would confirm a reversal.

Further Liquidation Risk:

If ETH breaks below $1,825, we could see another wave of liquidations.

Weak sentiment might drive ETH toward $1,800 or lower.

Trading Strategy – What Should You Do?

🔹 For Short-Term Traders:

Watch for stabilization before entering any trades.

If ETH shows signs of recovery, a quick rebound trade could be profitable.

🔹 For Long-Term Holders:

If you believe in ETH’s long-term potential, this dip could be a buying opportunity.

DCA (Dollar-Cost Averaging) helps reduce risk in volatile markets.

🔹 For Leverage Traders:

Be cautious—high leverage in a volatile market can lead to more liquidations.

Use stop-losses wisely to protect your capital.

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