Ethereum's Trend Has Shifted Again!

#MarketPullback

Looking at Ethereum's liquidation map and chart:

On the liquidation map, if the price drops to $1,720, there is a total of $500M in LONG liquidations.

If the price rises to $2,222, there is a cumulative $4.6 billion in SHORT liquidations.

From a technical perspective, the price failed to stay above the $2,000 range again. As a result, the likelihood of a downtrend in $ETH has increased.

What do you think?