$ETH Long Liquidation Alert!

$6,126.30 in Longs Liquidated at $2,417.64

Ethereum bulls just got blindsided! A sudden price dip to $2,417.64 wiped out over $6K in long positions — a clear sign of leverage being flushed as bulls lost control in the short term.

What Happened?

• Traders went long expecting continuation above $2,430, but price reversed sharply.

• This move triggered liquidations on over-leveraged longs, creating short-term pressure.

• It’s a liquidity reset — and could lead to either a bounce or deeper correction.

Market Sentiment:

• Short-term bearish, especially if ETH fails to reclaim $2,420–$2,425 quickly.

• But this kind of flush often clears the way for a cleaner move — either up or down.

Next Move:

• ETH must hold the $2,400–$2,410 support range — critical level to watch.

• A bounce above $2,430 with volume = possible reversal.

• If support fails, next key demand zone is $2,370–$2,385.

Recovery Targets (If Bulls Return):

• TG1: $2,445 – short-term bounce level

• TG2: $2,480 – previous local top

• TG3: $2,520 – breakout continuation zone

Pro Tip: Liquidations like this often create opportunity.

Let ETH show signs of strength before re-entering. Watch for volume spikes + bullish candles near support — the next move could be sharp and fast.

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