$ETH Longs Wiped Out – What’s Next? 🚨
Ethereum just saw a brutal liquidation event, with $1.0555K in long positions getting wiped at $1813.5! The leveraged crowd just got shaken out, as cascading liquidations triggered a chain reaction of forced selling.
📉 What happened?
🔻 ETH failed to hold key support, fueling liquidation pressure.
🔻 A panic sell-off intensified, with traders rushing to exit positions.
🔻 Market makers absorbed liquidity, setting the stage for the next move.
Now, all eyes are on the $1800-$1750 zone. If bulls fail to hold, another leg down is inevitable. But if whales step in here, shorts might get trapped in a violent reversal.
Retail panic, smart money accumulates. Are you positioned correctly?