$ETH Blood on the Charts
A sharp short liquidation of $2.8898K just hit at $2415.07 — the pressure is real, and the shorts are getting wrecked. Ethereum is clawing its way through resistance with brutal force, and this could just be the beginning of the storm.
Analysis Zone:
Price is pushing back after a liquidity hunt. The $2380–$2415 zone is now a critical demand zone. If price holds above this, the next leg up may ignite.
Buy Zone:
$2385–$2425 — ideally enter on pullback towards lower range
Volume surge and liquidation wipe indicate strong momentum flip
Target 1: $2528
Target 2: $2590
Target 3 (Mid-term): $2715
Stop Loss:
Close below $2340 — invalidates the bounce setup and indicates weakness
Conclusion:
This short liquidation marks a shift in structure. $ETH might be prepping for a reversal swing. Stay sharp — volatility is rising and so is opportunity.