ETH just dropped below a key level, triggering a wave of long liquidations. This signals weakness in bullish momentum and rising fear in the market. Volatility is climbing — and the next move is critical.
Key Levels to Watch:
Support: $2,480 — if this breaks, we could see $2,400 fast
Resistance: $2,550 — bulls need to reclaim this for a recovery
Next Move:
Hold above $2,480 with bounce? Possible short-term recovery
Break below $2,480? Bears take control — expect more downside
Reclaim $2,550? Bullish signal — potential push toward $2,600