$ETH Long Liquidation Alert!

💥 $18,050 in Longs Liquidated at $2,408.89

Ethereum just delivered a hard lesson to over-leveraged bulls! A sharp drop to $2,408.89 wiped out $18K+ in long positions, signaling that buyers were caught in a false move — and the market is now resetting.

What Happened?

• Longs piled in expecting a move above $2,450… but ETH reversed quickly.

• The liquidation zone hit as ETH dipped under key support, causing panic exits.

• This type of flush can trap emotional traders and often precedes a sharp reversal — or more blood.

Market Sentiment:

• Short-term bearish, with increased volatility.

• Price is near critical support, and if bulls don’t step up soon, further downside is likely.

• However, smart money could use this dip to accumulate if strength shows up.

Next Move:

• Support zone to hold: $2,390–$2,400

• If that holds, expect a possible bounce back toward $2,430+.

• If broken, ETH could drop toward $2,365–$2,375 before finding solid ground.

Recovery Targets (If Bulls Return):

• TG1: $2,432 – minor resistance

• TG2: $2,460 – previous support turned resistance

• TG3: $2,500 – breakout momentum zone

Pro Tip: Liquidations = volatility opportunity.

Wait for strength confirmation — like a close above $2,420 with volume — before re-entering. This flush may just be the shakeout before the breakout.

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